Financial Performance - The company reported revenue of approximately $309.9 million for 2024, a decrease of about 41% compared to $526.1 million in 2023[5]. - Gross profit for the year was approximately $5.2 million, down from $9.9 million in 2023[5]. - The company recorded a net loss of approximately $0.3 million in 2024, compared to a net profit of $2.4 million in 2023[5]. - Revenue from iron ore transportation services was approximately $26.6 million, a year-on-year decrease of about 36% from approximately $41.7 million in 2023[13]. - Total revenue for the year ended December 31, 2024, was $309,937 thousand, a decrease of 41.2% compared to $526,119 thousand in 2023[187]. - Gross profit for 2024 was $5,190 thousand, down 47.8% from $9,946 thousand in 2023[187]. - The company reported a pre-tax loss of $274,000 for 2024, a significant decrease from a profit of $2,619,000 in 2023[195]. - Operating cash flow before changes in working capital was $3,095,000, down from $7,400,000 in the previous year, indicating a decline of approximately 58.1%[195]. Assets and Liabilities - The total assets decreased to $71.4 million in 2024 from $109.2 million in 2023[8]. - As of December 31, 2024, total assets were approximately $71.4 million, down from approximately $109.2 million in 2023[14]. - Total liabilities decreased to approximately $41.4 million, a reduction of about $37.4 million from approximately $78.8 million in 2023[14]. - Current liabilities also decreased to $41,108 thousand in 2024 from $78,834 thousand in 2023, a decline of 47.8%[189]. - The company's equity total was $29,982 thousand as of December 31, 2024, down from $30,339 thousand in 2023[190]. Market Conditions - The company faced challenges due to weak downstream steel demand and macroeconomic pressures, impacting overall performance[5]. - The iron ore market is expected to face downward pressure in 2025 due to weak domestic steel demand in China and increased port inventories[28]. - The group anticipates continued volatility in iron ore demand and market prices, influenced by China's economic recovery and government stimulus measures[28]. Operational Highlights - The company sold approximately 2.9 million tons of iron ore during the reporting period, a decline of about 33% from 4.3 million tons in 2023[12]. - The average Platts IODEX price for iron ore was approximately $109 per ton during 2024, down from $136 per ton in December 2023[11]. - The average iron ore grade during the reporting period was approximately 65%, remaining stable compared to the same period last year[13]. - During the transition period at Koolan, the shipping rate temporarily decreased, and the iron grade dropped to an average of approximately 63%[13]. Governance and Board Structure - The board consists of seven directors, including two executive directors, one non-executive director, and four independent non-executive directors[34]. - The company has appointed at least three independent non-executive directors, meeting the requirement of one-third of the board's composition[36]. - The nomination committee is responsible for reviewing the board's structure, composition, and diversity, and making recommendations for changes to align with the company's strategy[43]. - The company has established mechanisms to ensure independent viewpoints and opinions are available to the board, including direct consultations with senior management and external experts[37]. - The board held a total of five meetings and one annual general meeting during the fiscal year 2024 to review and approve financial and operational performance[57]. Risk Management and Internal Controls - The board has reviewed the effectiveness of the group's risk management and internal control systems for the fiscal year 2024, covering financial, operational, ESG, and compliance matters[76]. - The risk management department regularly conducts internal audits to ensure the effectiveness of risk management and internal controls[79]. - The audit committee is responsible for reviewing the financial reporting system and ensuring the adequacy and effectiveness of the internal audit function[86]. - The group has established a comprehensive risk management and internal control framework consistent with the guidelines issued by the Hong Kong Institute of Certified Public Accountants[79]. Shareholder Communication and Dividends - The company is committed to ensuring shareholder rights and interests by presenting individual resolutions for significant matters at the shareholders' meeting[102]. - The company has adopted a dividend policy allowing shareholders to receive declared dividends, subject to the board's discretion based on business conditions, cash flow, financial performance, and other relevant factors[102]. - The company reported no final dividend for the fiscal year 2024, consistent with the previous year[126]. - The company expects not to declare any dividends in years without distributable profits[103]. Employee and Social Responsibility - The company has maintained a close relationship with employees, providing attractive compensation and development opportunities, while also ensuring a fair and safe workplace[140]. - The company is committed to enhancing environmental protection and has established green office guidelines to improve employee awareness and capabilities regarding environmental issues[138]. - The group made charitable donations of approximately $8,000 during the reporting period, down from $13,000 in 2023[166].

截至2024年12月31日止年度之全年業績 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準 確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產 生或因倚賴該等內容而引致之任何損失承擔任何責任。 （股份代號：1231） （於開曼群島註冊成立之有限公司） 董事會謹此宣佈本集團2024年財政年度之綜合全年業績，連同2023年財政年度之比較數字 如下：－ 綜合損益及其他全面收益表 截至2024年12月31日止年度 | | | 2024年 | 2023年 | | --- | --- | --- | --- | | | 附註 | 千美元 | 千美元 | | 收入 | 3 | 309,937 | 526,119 | | 銷售成本 | | (304,747) | (516,173) | | 毛利 | | 5,190 | 9,946 | | 其他收入及收益淨額 | | 749 | 458 | | 銷售及分銷成本 | | (2,706) | (3,919) | | 行政開支 | | (2,443) | (2,867) | | 融資開支淨額 | | (1,058) | ( ...

新礦資源有限公司 NEWTON RESOURCES LTD ( 於 開 曼 群 島 註 冊 成 立 之 有 限 公 司 ) 股份代號:1231 中期報告 2024 目錄 | --- | |------------------------------| | | | 主席報告 | | 管理層討論與分析 | | 獨立審閱報告 | | 簡明綜合財務資料 | | 簡明綜合損益及其他全面收益表 | | 簡明綜合財務狀況表 | | 簡明綜合權益變動表 | | 簡明綜合現金流量表 | | 簡明綜合財務資料附註 | | 其他資料 | | 詞彙釋義 | | 公司資料 | 30 33 35 主席報告 主席報告 各位股東： 本人謹代表董事會提呈本公司於報告期間的中期報告。 報告期間，本集團實現收入約174.8百萬美元（去年同期：約215.5百萬美元），主要來自分銷由我們的主要供 應商Koolan供應的赤鐵礦。受中國內地鋼鐵廠對高品位鐵礦石需求疲弱的影響，本集團鐵礦石銷售業務量較 去年同期有所減少，導致本集團於報告期間的收入及毛利分別較去年同期減少約40.7百萬美元及約1.3百萬 美元。本集團於報告期間錄得溢利減少至約1.4百萬美元（ ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準 確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產 生或因倚賴該等內容而引致之任何損失承擔任何責任。 （於開曼群島註冊成立之有限公司） （股份代號：1231） 截至2024年6月30日止6個月期間之中期業績 董事會謹此宣佈本集團於報告期間之未經審核綜合中期業績，連同去年同期之比較數字如 下： 簡明綜合損益及其他全面收益表 截至2024年6月30日止6個月期間 | --- | --- | --- | --- | |-----------------------------------|-------|-----------------------------------------------------|------------------------------------------| | | 附註 | 截至 6 月 30 日止 \n2024 年 千美元 （未經審核） | 6 個月期間 \n2023 年 千美元 （未經審核） | | 收入 銷售成本 | 3 | 174,757 (169,777) | ...

Financial Performance - The company's revenue for the reporting period reached approximately $526.1 million, a significant increase of about 160% compared to $201.5 million in 2022[11] - In the fiscal year 2023, the company reported a net profit of approximately $2.4 million, a significant improvement from a net loss of $2.2 million in 2022[195] - The company achieved a gross profit of approximately $9.9 million during the reporting period, up from about $2.8 million in the same period last year[194] - The company's overall gross margin for the reporting period was approximately 1.9%, an increase from 1.4% in 2022, despite a decline in profit margin due to weak demand in mainland China[12] - External customer revenue totaled $526.1 million in 2023, a significant increase from $201.5 million in 2022[200] Sales and Production - The total sales volume of iron ore during the reporting period was approximately 4.3 million tons, up from about 1.7 million tons in 2022, including approximately 3.3 million tons from Koolan[11] - The average iron content of the iron ore reached about 65% during the reporting period, compared to an average of about 64% in 2022[7] - The average price of 65% iron ore during the reporting period was approximately $132 per ton, with a peak of about $147 per ton in December 2023[189] - The company successfully matched iron ore products with customer demand, leading to rapid sales during the reporting period[194] Assets and Liabilities - As of December 31, 2023, the total assets of the company increased to approximately $109.2 million, up from about $60.9 million in 2022[13] - As of December 31, 2023, the company's total liabilities increased to approximately $78.8 million, compared to $32.9 million in 2022, primarily due to an increase in trade payables[198] - The company held outstanding iron ore futures or swap contracts with a positive book value of approximately $7.7 million as of December 31, 2023, compared to about $2.1 million in 2022[14] - The group had approximately $10.7 million in restricted bank deposits as of December 31, 2023, compared to $4.4 million in 2022, used as collateral for bank letters of credit[48] Debt and Financing - The company’s interest-bearing bank and other borrowings amounted to approximately $14.7 million as of December 31, 2023, compared to about $4.6 million in 2022[18] - The net debt of the group was approximately $2.9 million as of December 31, 2023, a decrease from a net cash position of about $6.9 million in 2022[63] - The group has unutilized committed borrowing and trade financing of approximately $287.0 million as of December 31, 2023, down from $405.0 million in 2022[64] - The group plans to negotiate new trade financing with banks to support ongoing business development[64] Market Conditions - The iron ore market prices exceeded expectations in 2023, with the fourth quarter seeing a new market high due to macroeconomic measures and stimulus policies[79] - Analysts predict that due to increased demand for imported iron ore in China and a relatively tight global supply, iron ore market prices may reach new highs in 2024[80] - The iron ore market faces pressure due to increased port inventories and unexpectedly weak steel production recovery since early 2024[100] - Domestic steel demand in China is weaker than expected in Q1 2024, with potential government intervention measures creating uncertainty[100] Corporate Governance - The company has complied with the Listing Rules by appointing at least three independent non-executive directors, constituting at least one-third of the board[108] - The company is committed to high standards of corporate governance and has adopted all code provisions in the Corporate Governance Code during the reporting period[103] - The board consists of six directors, including two executive directors, one non-executive director, and three independent non-executive directors, all possessing relevant skills and experience[106] - The company has mechanisms in place to ensure independent views and opinions are available to the board, including direct consultations with senior management and external experts[111] Risk Management - The company has established a comprehensive risk management and internal control framework aligned with the guidelines from the Hong Kong Institute of Certified Public Accountants[167] - The board is responsible for assessing and determining the nature and extent of risks the group is willing to take, including ESG risks, to protect shareholder investments[172] - The risk management department conducted regular internal audits and reported no significant control deficiencies during the fiscal year 2023[181] - The group continues to manage operational risks related to iron ore price fluctuations through futures or swap contracts[49] Employee and Operational Information - The employee costs for the fiscal year 2023 amounted to approximately $4.6 million, an increase from $2.8 million in 2022, with a total of 23 employees[68] - Regular board meetings are held at least four times a year, with additional meetings scheduled as necessary[162] - The company provides ongoing briefings and professional development to directors to keep them informed of business and market changes[160] Future Plans and Strategies - The company continues to explore suitable acquisition and investment opportunities to enhance its business and market presence[3] - The group plans to continue optimizing its resource business and explore new iron ore and other commodity supply opportunities, while also considering suitable mergers and acquisitions[81] - The company plans to appoint at least one female board member by December 31, 2024, to comply with new regulations on board diversity[141]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準 確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產 生或因倚賴該等內容而引致之任何損失承擔任何責任。 截至2023年12月31日止年度之全年業績及 建議修訂組織章程細則 綜合損益及其他全面收益表 截至2023年12月31日止年度 以下應佔溢利╱（虧損）： 本公司持有人 2,373 (2,136) 非控股權益 (5) (86) 2,361 (2,252) – 2 – 非流動資產 物業、廠房及設備 81 175 使用權資產 156 340 其他長期資產 9,457 13,422 於一間聯營公司之投資 192 208 （股份代號：1231） （於開曼群島註冊成立之有限公司） 董事會謹此宣佈本集團2023年財政年度之綜合全年業績，連同2022年財政年度之比較數字 如下：－ | --- | --- | --- | --- | |----------------------|-------|---------------------|-------------------| | | | 2023 年 | 2022 ...

Financial Performance - The company reported revenue of approximately $215.5 million for the six months ended June 30, 2023, compared to $108.7 million in the same period last year, reflecting a growth of 98.5%[21]. - The gross profit for the period was $6.3 million, up from $3.4 million in the previous year, indicating an increase of 85.0%[6]. - The company achieved a profit before tax of $3.2 million, significantly higher than the $0.4 million reported in the same period last year, marking an increase of 804.2%[6]. - The net profit for the period was $2.9 million, compared to $0.2 million in the previous year, representing a growth of 1433.3%[6]. - The company reported a basic and diluted earnings per share of $0.07, compared to $0.01 in the previous year, reflecting a significant increase[14]. - The company reported a revenue of approximately $215.5 million for the period, an increase of about 98% compared to $108.7 million in the same period last year[43]. - The net profit for the period was approximately $2.9 million, a significant increase from $0.2 million in the same period last year[28]. - The company reported a profit of $240 thousand for the six months ended June 30, 2023, compared to a loss of $130,698 thousand in the same period of 2022, indicating a significant turnaround[95]. - The company experienced a significant increase in pre-tax profit to $3,193 thousand for the six months ended June 30, 2023, compared to $355 thousand in the same period of 2022, reflecting a growth of over 800%[98]. - The company reported an increase in total comprehensive income for the period to $196 thousand, compared to $29,481 thousand for the same period in 2022, showing a decrease in overall performance[95]. Sales and Production - Iron ore sales volume increased by approximately 125% year-on-year, with the company selling about 1.8 million tons of iron ore during the reporting period[28]. - The total sales volume of iron ore was about 1.8 million tons, up from approximately 0.8 million tons in the previous year, with an average iron grade of about 65%[46]. - The average iron ore grade improved to approximately 65% during the reporting period, compared to about 63% in the same period last year[35]. - The company's revenue from iron ore sales was $201,457 thousand, while transportation services contributed $16,241 thousand for the six months ended June 30, 2023[171]. Market and Strategic Outlook - The company plans to optimize its resource business and respond to fluctuations in iron ore shipping prices, while also seeking new supply opportunities for iron ore and other commodities[2]. - The company aims to establish long-term business relationships with suitable suppliers to further diversify its product supply[2]. - The company is exploring suitable merger and acquisition opportunities to address challenges faced in its resource business[2]. - The company anticipates that the iron ore market prices will remain sensitive and volatile, which may pose challenges in executing hedging strategies[1]. - The iron ore market is expected to face downward pressure in the latter half of 2023 due to weak demand from Chinese steel producers[80]. Financial Position - As of June 30, 2023, total assets increased to approximately $69.9 million from $60.9 million as of December 31, 2022[49]. - The company's total liabilities rose to approximately $39.1 million from $32.9 million as of December 31, 2022, primarily due to trade payables[57]. - The company’s cash and cash equivalents amounted to approximately $10.3 million as of June 30, 2023[49]. - The current ratio improved to 1.5 as of June 30, 2023, compared to 1.4 as of December 31, 2022[42]. - The group’s cash and cash equivalents were approximately $10.3 million as of June 30, 2023, down from $11.5 million on December 31, 2022, representing about 15% of total assets[69]. - The net current assets of the group were approximately $18.5 million as of June 30, 2023, compared to $14.0 million on December 31, 2022[90]. - As of June 30, 2023, the company's net assets increased to $30,825 thousand from $27,978 thousand as of December 31, 2022, representing an increase of approximately 6.2%[92]. - The company’s non-current liabilities decreased to $71 thousand as of June 30, 2023, from $176 thousand as of December 31, 2022, indicating a reduction of approximately 59.9%[92]. - The company’s total liabilities decreased significantly, reflecting improved financial health and reduced debt levels[92]. Hedging and Risk Management - The company incurred a net loss of approximately $4.9 million from hedging transactions during the reporting period, compared to a net gain of $1.8 million in the same period last year[38]. - The company continues to utilize hedging tools to manage operational risks associated with its resource business[52]. - The company has entered into more iron ore futures or swap contracts to manage market price fluctuations, resulting in an increase in deposits held at a brokerage firm by approximately $6.8 million[49]. - The company has implemented strict monitoring of overdue receivables, with management regularly reviewing outstanding balances[189]. Corporate Governance and Compliance - The company has adopted all applicable code provisions of the Corporate Governance Code during the reporting period, ensuring high standards of corporate governance[152]. - The audit committee reviewed the unaudited interim results and had no objections to the accounting treatments adopted by the group[157]. - The company is listed on the Hong Kong Stock Exchange with the stock code 1231, and the trading unit is 2,000 shares[148]. - The company has engaged Ernst & Young as its auditor, ensuring compliance with the Financial Reporting Council Ordinance[148]. Shareholder Information - Major shareholders include 麥少嫻 with 1,149,744,000 shares, representing 28.74% of total issued shares[130]. - 首鋼集團有限公司 holds 1,098,570,000 shares, accounting for 27.46% of total issued shares[130]. - Fast Fortune Holdings Limited owns 360,000,000 shares, which is 9.00% of total issued shares[130]. - Cheng Yu Tung Family (Holdings) Limited has 620,000,000 shares, representing 15.50% of total issued shares[130]. - 周大福控股有限公司 holds 620,000,000 shares, also accounting for 15.50% of total issued shares[130]. - 新世界發展有限公司 owns 620,000,000 shares, which is 15.50% of total issued shares[130]. - The company did not purchase, sell, or redeem any of its listed securities during the reporting period[137]. - The report indicates that no other individuals have significant interests in shares or related shares as of June 30, 2023[140].

換算海外業務之匯兌差額 (9) 10 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準 確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產 生或因倚賴該等內容而引致之任何損失承擔任何責任。 截至2023年6月30日止6個月期間之中期業績 簡明綜合損益及其他全面收益表 截至2023年6月30日止6個月期間 – 1 – （未經審核） （未經審核） 期內其他全面收益，扣除稅項 (9) 10 以下應佔溢利╱（虧損）： 本公司持有人 2,844 240 非控股權益 12 (54) 以下應佔全面收益總額： 本公司持有人 2,835 245 非控股權益 12 (49) 本公司普通股本持有人應佔每股盈利 7 基本及攤薄（美仙） 0.07 0.01 簡明綜合財務狀況表 2023年6月30 日 2023年 6月30日 2022年 12月31日 附註 千美元 千美元 （未經審核） （經審核） 非流動資產總值 12,356 14,145 流動資產總值 57,526 46,726 流動負債總額 38,986 32,717 資產總值減流動負債 30,896 28,154 非流動負 ...

截至2022年12月31日止年度之全年業績 董事會謹此宣佈本集團2022年財政年度之綜合全年業績，連同2021年財政年度之比較數字 如下：－ 綜合損益及其他全面收益表 截至2022年12月31日止年度 | --- | --- | --- | --- | |--------------------------|-------|---------------------|-------------------| | | | 2022 年 | 2021 年 | | | 附註 | 千美元 | 千美元 | | 收入 銷售成本 | 3 | 201,487 (198,686) | 292,873 (287,474) | | 毛利 | | 2,801 | 5,399 | | | | 126 | 73 | | 其他收入及收益淨額 | | (2,056) | (2,258) | | 銷售及分銷成本 行政開支 | | (2,346) | (2,611) | | 其他流動金融資產減值虧損 | | – | (1,318) | | 融資開支淨額 | | (742) | (1,006) | | 應佔一間聯營公司虧損 | | (7) | ( ...

新礦資源有限公司 NEWTON RESOURCES LTD ( 於 開 曼 群 島 註 冊 成 立 之 有 限 公 司 ) 股份代號:1231 中 期 報 告 2022 "… ..... ... 主席報告2 管理層討論與分析3 獨立審閱報告 15 目錄 | --- | |------------------------------| | | | 簡明綜合財務資料 | | 簡明綜合損益及其他全面收益表 | | 簡明綜合財務狀況表 | | 簡明綜合權益變動表 | | 簡明綜合現金流量表 | | 簡明綜合財務資料附註 | | 其他資料 | | 詞彙釋義 | | | 16 18 20 21 23 37 41 公司資料 43 主席報告 主席報告 各位股東： 本人謹代表董事會提呈本公司於報告期間的中期報告。 於2022年，全球經濟狀況較早前預期疲弱。本集團於報告期間繼續致力發展資源業務。作為分銷商，本集團 與不同的供應商協調，並從多個來源為客戶採購及提供一籃子大宗商品，統籌運輸及交付大宗商品。 本集團於報告期間所面臨複雜且艱難的營商環境受以下因素影響，其中包括持續的COVID-19疫情，高傳染性 Omicron變異株的傳 ...