Core Viewpoint - The company, South South Resources (01229), anticipates a profit of approximately HKD 47.1 million for the six months ending September 30, 2024, but expects to incur a loss of no more than HKD 10 million for the six months ending September 30, 2025, primarily due to fair value changes in a zero-coupon convertible bond issued in 2008 [1] Financial Performance - The expected loss for the 2025 interim period is mainly attributed to a fair value loss of approximately HKD 31.7 million related to the convertible bond, which will be accounted for as a financial liability at fair value through profit or loss [1] - Other factors impacting net results include a foreign exchange loss, which is a reversal from a foreign exchange gain in the 2024 interim period, and a decrease in gross profit due to rising sales costs and declining average unit prices in the coal mining business [1]
南南资源发盈警，预期中期亏损不多于1000万港元 同比转盈为亏