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The latest announcement is out from Nan Nan Resources Enterprise Limited ( (HK:1229) ).
Nan Nan Resources Enterprise Limited reported its unaudited interim results for the six months ending September 30, 2025, revealing a decrease in gross profit compared to the previous year. Despite an increase in revenue, the company experienced a net loss for the period, primarily due to higher costs of services and goods sold, increased selling and distribution expenses, and a significant loss on the fair value change of convertible bonds. The overall comprehensive income for the period was positive, attributed to favorable exchange differences, although it was lower than the previous year’s figures. This financial performance may impact the company’s market positioning and stakeholder confidence.
The most recent analyst rating on (HK:1229) stock is a Buy with a HK$0.50 price target. To see the full list of analyst forecasts on Nan Nan Resources Enterprise Limited stock, see the HK:1229 Stock Forecast page.
More about Nan Nan Resources Enterprise Limited
Nan Nan Resources Enterprise Limited is a company incorporated in Bermuda, operating within the resources sector. The company is listed on the Hong Kong Stock Exchange and is involved in the provision of services and goods related to resource management.
Average Trading Volume: 1,167,064
Technical Sentiment Signal: Buy
Current Market Cap: HK$185.2M
Find detailed analytics on 1229 stock on TipRanks’ Stock Analysis page.