Core Viewpoint - The company, Minmetals Resources (01208.HK), is conducting a review of the recoverable amounts of its projects and operations as part of the preparation of its financial statements for the fiscal year ending 2025, indicating potential impairment issues related to its Kinsevere operations [1] Group 1: Impairment Indicators - The review has identified several impairment indicators for the Kinsevere operations, including sales restrictions on cobalt in the Democratic Republic of Congo, which have led to the cobalt processing plant being in a maintenance state [1] - Challenges related to electricity production are affecting the daily operations and capacity enhancement processes of expansion projects [1] - There are operational challenges related to capacity enhancement, as well as uncertainties in the fiscal regime, including additional tax rates and the deductibility of value-added tax [1] Group 2: Financial Impact - The board anticipates that the unaudited profit for the fiscal year 2025 may be negatively impacted by an impairment charge estimated to be between $280 million and $300 million before tax [1] - This impairment is specifically related to the operations of the Kinsevere mine and is sensitive to reasonable potential changes in underlying assumptions [1] - After accounting for the impairment, the company expects to record an unaudited net profit attributable to equity holders of approximately $500 million to $520 million for the year ending December 31, 2025 [1]
五矿资源(01208.HK)：预期2025年度录得税后净利润约介乎5亿美元至5.2亿美元