Changes in Hong Kong stocks | Asia Pacific Resources (01104) fell more than 6% after the warning, and the net profit for the whole year is expected to drop to a maximum of HK$240 million year-on-year

Zhitongcaijing · 09/03/2025 02:49

The Zhitong Finance App learned that Asia Pacific Resources (01104) fell more than 6% after the warning. As of press release, it fell 6.59% to HK$1.56, with a turnover of HK$8.616,800.

According to the news, Asia Pacific Resources issued an after-market profit warning yesterday. According to a preliminary review of the data currently available for the Group's 2025 fiscal year, it is expected to earn an accrued profit of about HK$160 million to HK$240 million for the year ending the end of June this year, compared to about HK$390 million in the same period last year.

According to the announcement, the expected decrease in profit attributable to shareholders is mainly due to the commodity business segment's partial profit of about HK$4 million compared to the 2024 fiscal year, which generated segment losses in the 2025 fiscal year; the profit of the resource investment and major investment and financial services segment decreased year-on-year in the 2025 fiscal year; the net impact of multiple factors led to an increase in losses; and the increase in profit due to the net impact of multiple factors.