APAC RESOURCES (01104) Announces Profit Forecast - Expects Shareholders' Net Profit for the first half of the 25/26 fiscal year to be approximately HK$1.4 billion to HK$1.9 billion, turning from a loss to a profit year on year.

APAC RESOURCES (01104) announced that, based on a preliminary review of the unaudited consolidated financial statements of the Group for the five months ended November 30, 2025 and other available information, and subject to adjustments for the equity income and/or impairment losses of its associated companies, fair value evaluation of certain financial assets, provision adjustments or other adjustments, the Group is expected to have a shareholders' loss of approximately 310 million Hong Kong dollars for the six months ended December 31, 2024 (first half of the financial year 2024/25). The Group anticipates to achieve an estimated range of shareholders' profit of about 1.4 billion to 1.9 billion Hong Kong dollars for the six months ended December 31, 2025 (first half of the financial year 2025/26). This profit is mainly attributed to the profit contribution from the Resource Investment Division, while the Division incurred a loss of approximately 184 million Hong Kong dollars in the first half of the financial year 2024/25, and a reversal of expected impairment loss provision in one associated company, with a net impairment loss of about 105 million Hong Kong dollars in the first half of the financial year 2024/25 in the associated company's equity.