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According to Zhitong Finance App News, Iron Goods (01029.HK) announced that the Group expects to obtain no more than US$1 million in profit attributable to the owners of the Company in the six months ending June 30, 2026, and a loss attributable to the Company's owners of approximately US$102 million for the six months ending June 30, 2025. The expected improvement in the Group's financial performance is mainly due to an impairment provision of approximately US$126.9 million for K&S mines and other assets on June 30, 2025, and there is no requirement to accrue impairment loss provisions for assets for the six months ending June 30, 2026. Shareholders should be aware that any impairment charges or refunds are non-cash and non-recurring and will not have a direct impact on the Group's cash flow.

Zhitongcaijing·08/21/2026 13:17:08
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According to Zhitong Finance App News, Iron Goods (01029.HK) announced that the Group expects to obtain no more than US$1 million in profit attributable to the owners of the Company in the six months ending June 30, 2026, and a loss attributable to the Company's owners of approximately US$102 million for the six months ending June 30, 2025. The expected improvement in the Group's financial performance is mainly due to an impairment provision of approximately US$126.9 million for K&S mines and other assets on June 30, 2025, and there is no requirement to accrue impairment loss provisions for assets for the six months ending June 30, 2026. Shareholders should be aware that any impairment charges or refunds are non-cash and non-recurring and will not have a direct impact on the Group's cash flow.