Core Viewpoint - South South Resources (01229) reported a revenue of HKD 194 million for the six months ending September 30, 2025, representing an increase of 8.67% year-on-year. However, the company recorded a loss attributable to shareholders of HKD 3.375 million, compared to a profit of HKD 47.334 million in the same period last year, resulting in a basic loss per share of HKD 0.44 [1] Revenue Breakdown - The coal mining segment saw a revenue increase primarily due to a rise in coal sales volume, which increased by approximately 56.63% compared to the same period last year [1] - Revenue growth was attributed to the increase in sales volume, despite a decrease in the average selling price per ton, which fell by approximately HKD 37.02 (or about 29.63%) to around HKD 87.94 per ton, down from approximately HKD 124.96 per ton in 2024 [1] - The decline in average selling price was mainly due to intense competition in the local market [1] Other Business Segments - The renewable energy segment experienced a slight revenue increase of about 8.16%, primarily influenced by exchange rate effects during the reporting period [1] - The information technology services segment did not generate any revenue, with a significant year-on-year decline of 100% due to ongoing adverse economic conditions impacting this business category [1] - The company undertook measures to streamline operations, including workforce reductions and the termination of unprofitable service projects, to control costs and mitigate further losses in the information technology services segment [1]
南南资源(01229)发布中期业绩 股东应占亏损337.5万港元 同比盈转亏