Group 1 - The company reported a revenue of $123 million for the six months ending June 30, 2025, representing a year-on-year increase of 9.3% [1] - The loss attributable to shareholders was $102 million, a significant increase of 670.2% year-on-year [1] - Adjusted basic loss was $2.98 million, which is a decrease of 72.5% year-on-year [1] Group 2 - Nikolai Levitskii, Chairman of the company, described the period as both a transformation and a challenging phase, highlighting significant operational improvements despite external market pressures [1] - The successful mining operations at the Sutara mine have greatly transformed the company, marking a watershed moment due to improved ore quality that allowed for increased production at K&S [1] - External factors such as falling iron ore prices and the appreciation of the ruble have negatively impacted financial performance, offsetting sales growth [1] - The company has recognized a non-cash impairment charge on the book value of K&S primarily due to the impact of the ruble appreciation [1] - The company remains focused on improving operational efficiency, maintaining financial flexibility and liquidity, and preparing to benefit from market recovery [2]
铁货发布中期业绩，股东应占亏损1.02亿美元 同比增加670.2%