Core Viewpoint - Nanshan Resources (01229) issued a profit warning, expecting a significant shift from a profit of approximately HKD 47.1 million for the six months ending September 30, 2024, to a loss of no more than HKD 10 million for the six months ending September 30, 2025 [1] Financial Performance - The company anticipates a loss primarily due to fair value changes in a zero-coupon convertible bond issued in 2008, which has a face value of HKD 200 million and is set to mature on March 13, 2026. The fair value loss is estimated at approximately HKD 31.7 million [1] - Other factors contributing to the net impact include foreign exchange losses, which were previously foreign exchange gains for the interim period ending in 2024, and a decrease in gross profit attributed to rising sales costs and declining average unit prices in the coal mining business [1]