JX ENERGY (03395) Reports Q3 Net Loss of C$15.20 Million, Up 32.26% YoY
Stock News
Nov 14
JX ENERGY (03395) announced its financial results for the nine months ended September 30, 2025. The company recorded total net revenue of approximately C$4.93 million, representing a year-on-year increase of 29.71%. However, it reported a net loss and comprehensive loss of about C$15.20 million, up 32.26% compared to the same period last year. Basic loss per share stood at C$0.03.
The increase in losses was primarily attributed to impairment charges on exploration and development assets, as well as severance costs recognized in 2024. These negative impacts were partially offset by foreign exchange gains during the period.
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