South Manganese Investment Swings to Loss from Profit in 2024

MT Newswires Live

2025/03/17

South Manganese Investment (HKG:1091) reported a loss attributable to owners for 2024 of HK$725.1 million, compared with a profit of HK$64.1 million a year earlier, according to a Friday filing with the Hong Kong bourse.

Loss per share was HK$0.2115, compared with earnings per share of HK$0.0187 from the prior year.

Revenue declined by 22.9% to HK$13.21 billion from HK$17.13 billion a year earlier.

The company's shares were down 4% at the end of trading.

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