Century Announces Filing of March 31, 2025 Year End Financial Results, Management Discussion and Analysis and Annual Information Form

Core Insights - Century Global Commodities Corporation has filed its audited consolidated financial statements for the year ended March 31, 2025, along with the related management discussion and analysis [1] - The company reported a net working capital of $6.0 million as of March 31, 2025, which includes unrestricted free cash, bank deposits, and marketable securities totaling $4.2 million [2] Financial Performance - For the year ended March 31, 2025, Century Food achieved record sales of $13.30 million, generating a gross segmental profit of $3.37 million and a net segmental profit of $0.42 million [8] - The current assets decreased from $10.08 million in 2024 to $9.31 million in 2025, while current liabilities decreased from $3.98 million in 2024 to $3.28 million in 2025, resulting in a slight decrease in net working capital from $6.10 million to $6.03 million [9] Company Overview - Century Global Commodities Corporation is primarily focused on resource exploration and development, with a significant portfolio of multi-billion tonne iron ore projects in Canada [4] - The Joyce Lake Direct Shipping Iron Ore Project is the company's most advanced project, located in Newfoundland and Labrador, and is currently undergoing environmental assessment [5] - Century Food operates a marketing and distribution business for quality food products sourced from Europe and Australia, targeting the Hong Kong and Macau markets [6]