Core Viewpoint - Xin Mining Resources (01231) reported a significant increase in losses for the fiscal year ending December 31, 2025, with a net loss attributable to shareholders of $7.015 million, representing a year-on-year increase of 2344.25% [1] Financial Performance - The company achieved revenue of $194 million, a decrease of 37.46% year-on-year [1] - Gross profit for the group decreased to approximately $1.4 million [1] - Basic loss per share was reported at $0.0018 [1] Factors Contributing to Performance - The decline in revenue and gross profit was primarily due to a reduction in the quantity and quality of iron ore supplied from Koolan, particularly in the fourth quarter following an incident [1] - Weak demand for iron ore throughout the fiscal year led to a significant drop in unit gross profit [1] - The company recognized an impairment loss of approximately $4.1 million on other long-term assets due to the incident, compared to no such losses in 2024 [1]
新矿资源(01231)发布年度业绩 股东应占亏损701.5万美元 同比扩大2344.25%