Asia
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.
HKG:1229
