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Golden Resources Issues Profit Warning Amid Increased Costs

Story Highlights
  • Golden Resources expects a significant increase in losses for the six months ending September 2025.
  • Higher costs and impairments drive the increased loss, despite some offsetting factors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Golden Resources Issues Profit Warning Amid Increased Costs

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Golden Resources Development International Limited ( (HK:0677) ) has shared an announcement.

Golden Resources Development International Limited has issued a profit warning, indicating an expected loss of approximately HK$24.7 million for the six months ending September 30, 2025, compared to a HK$4.6 million loss in the same period in 2024. The increase in loss is attributed to higher selling and distribution costs and increased impairment losses, partially offset by decreased deficits on investment property revaluation, reduced administrative and tax expenses, and a rise in gross profit. The company is finalizing its interim results, which are expected to be announced by the end of November 2025.

The most recent analyst rating on (HK:0677) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Golden Resources Development International Limited stock, see the HK:0677 Stock Forecast page.

More about Golden Resources Development International Limited

Golden Resources Development International Limited is a company incorporated in Bermuda with limited liability, and it is listed on the Stock Exchange of Hong Kong. The company operates in the development and distribution sector, focusing on various products and services.

Average Trading Volume: 583,327

Technical Sentiment Signal: Sell

Current Market Cap: HK$602.6M

Learn more about 0677 stock on TipRanks’ Stock Analysis page.

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