HKG:1229

2 stories mentioning HKG:1229Updated 39d ago

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Nan Nan Resources Swings to Full-Year Loss

Nan Nan Resources Enterprise (HKG:1229) reported an attributable loss of HK$7 million for the year ended March 31, compared with a profit of HK$72.6 million a year prior, according to a Tuesday Hong Kong bourse filing.Shares of the coal miner were down nearly 1% in Wednesday afternoon trading.Loss per share was HK$0.0091, compared with earnings per share of HK$0.0355 in the previous fiscal year.Revenue jumped 19% year over year to HK$388 million from HK$327 million.

HKG:1229

Asia45d ago

Nan Nan Resources Warns of Swing to Fiscal-Year Loss

Nan Nan Resources Enterprise (HKG:1229) expects a loss of up to HK$10 million for the year ended March 31, compared with a profit of HK$71.8 million a year prior, according to a Thursday Hong Kong bourse filing.The coal miner attributed the forecast to a loss on the fair value change of certain convertible bonds, as well as a decline in gross profit.

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