Core Viewpoint - Jiaxin International Resources (03858) experienced a significant stock price increase of over 11% following the release of its interim results for 2025, indicating positive market sentiment towards the company's performance and future prospects [1] Financial Performance - The company reported revenue of HKD 126 million for the first half of 2025, a notable increase from no revenue in the same period last year [1] - The loss attributable to equity holders narrowed to HKD 5.996 million, representing a 90.6% improvement year-on-year [1] - Basic loss per share was reported at HKD 0.0182 [1] Operational Developments - The company commenced commercial production in April 2025, marking the beginning of its revenue generation from tungsten concentrate sales [1] - Plans are in place to develop the Bakuta tungsten mine project into a world-class mining operation, leveraging the company's substantial tungsten resources and cost-effective production capabilities [1] - The company aims to integrate an ore sorting system into its existing mining processes by 2027, targeting an annual mining and mineral processing capacity of 4.95 million tons [1] Future Outlook - Jiaxin International Resources is exploring additional investment opportunities in non-ferrous metal resources in Central Asia, indicating a strategic expansion of its operational focus [1]
佳鑫国际资源绩后涨超11% 中期股东应占亏损同比收窄90.6% 将继续发展巴库塔钨矿项目