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South Manganese Investment Limited ( (HK:1091) ) has provided an announcement.
The company warned that subsidiary Zunyi Company will post FY2025 losses of roughly HK$105 million–HK$110 million before intercompany eliminations, translating to about HK$50 million–HK$55 million attributable to the parent, as weak regional demand and elevated labor costs erode profitability. Management is still compiling group-wide accounts, so the full impact on consolidated results remains uncertain, prompting a cautionary stance for shareholders and potential investors.
The most recent analyst rating on (HK:1091) stock is a Hold with a HK$0.58 price target. To see the full list of analyst forecasts on South Manganese Investment Limited stock, see the HK:1091 Stock Forecast page.
More about South Manganese Investment Limited
South Manganese Investment Limited is a Hong Kong-listed producer focused on manganese mining and related materials, supplying industrial customers reliant on manganese ore and downstream alloys.
Average Trading Volume: 14,043,454
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$2.81B
Find detailed analytics on 1091 stock on TipRanks’ Stock Analysis page.