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APAC Resources ( (HK:1104) ) has provided an update.
APAC Resources has alerted shareholders and investors that it expects to swing to a substantial interim profit for the six months ending 31 December 2025, forecasting attributable earnings of between HK$1.4 billion and HK$1.9 billion compared with a loss of about HK$309.9 million a year earlier. The improvement is mainly driven by a turnaround in its resource investment segment, which moved from a segment loss in the prior period to a profit contribution, and by the expected reversal of an earlier impairment loss on an associate, though the figures remain subject to audit review and possible adjustments, prompting the company to caution investors in trading its securities.
The most recent analyst rating on (HK:1104) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on APAC Resources stock, see the HK:1104 Stock Forecast page.
More about APAC Resources
APAC Resources Limited is a Hong Kong-listed investment holding company that operates a resource investment segment, focusing on interests and financial assets linked to the natural resources sector. The group’s performance is significantly influenced by the valuation and earnings of its associates and the fair value of its resource-related financial holdings.
YTD Price Performance: 13.48%
Average Trading Volume: 3,473,180
Technical Sentiment Signal: Buy
Current Market Cap: HK$3.86B
See more insights into 1104 stock on TipRanks’ Stock Analysis page.