Core Viewpoint - Shougang Resources (00639) reported a significant decline in its mid-year performance for 2025, with revenues dropping by 17% year-on-year, primarily due to a sharp decrease in the average selling price of premium coking coal [1] Financial Performance - Revenue for the period was approximately HKD 2.101 billion, a decrease of 17% compared to the previous year [1] - Gross profit fell to HKD 642 million, representing a 55% year-on-year decline [1] - Profit attributable to shareholders was HKD 404 million, down 52% year-on-year [1] - Basic earnings per share were HKD 0.0794, with an interim dividend of HKD 0.06 per ordinary share [1] Operational Insights - The decrease in revenue was mainly attributed to a 45% year-on-year drop in the average selling price of premium coking coal, which offset a 16% increase in sales volume and the positive impact of expanding coal trading operations [1] - The significant reduction in gross profit was approximately HKD 791 million year-on-year [1] - Sales and distribution expenses decreased by about HKD 34 million due to a lower proportion of fire transportation sales and effective cost measures [1] - Foreign exchange gains increased by approximately HKD 31 million year-on-year, while the provision for withholding tax on dividends decreased by about HKD 26 million due to a decline in profits from a major subsidiary established in China [1]
首钢资源(00639)公布中期业绩 公司拥有人应占溢利4.04亿港元 同比减少52%