PKU Resources (00618) is pleased to announce that it is expected to achieve a profit of approximately 1.8 billion to 2 billion yuan in the mid-term period, turning a loss into a profit on a year-on-year basis.

PKU RESOURCES (00618) announced that it is expected to achieve a surplus of approximately RMB 1.8 billion to RMB 2 billion for the six-month period ending on September 30, 2025. In contrast, for the six-month period ending on September 30, 2024, the Group incurred a loss of approximately RMB 1.355 billion. The expected surplus for the Group is mainly due to: (i) in August 2025, the company injected all the equity of its wholly-owned subsidiary, Antaeus International Investment Group (Hong Kong) Limited, into a partnership enterprise, generating a sales income of approximately RMB 2.314 billion. The company sold 16 subsidiary companies, of which 6 are engaged in property development business in China; (ii) after the completion of the aforementioned transaction, the Group no longer has any real estate development projects in the development stage, resulting in a significant reduction in financial expenses related to the Group's sale and expected liability provisions.