South Manganese Investment Ltd. announced that its subsidiary, Zunyi Company, is expected to record losses of approximately HK$105 million to HK$110 million for the year ended 31 December 2025 before adjustments on intercompany eliminations, and losses attributable to owners of the parent of approximately HK$50 million to HK$55 million after such adjustments. The losses are attributed to persistently weak demand for manganese ore in the Zunyi region and high staff costs.
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