HK Stock Market Move | APAC RESOURCES (01104) rises nearly 8% with a mid-term net profit of HK$1.86 billion, turning losses into profits year-on-year.

APAC RESOURCES (01104) rose nearly 8%, as of the time of publication, up 7.82% to HK$3.86, with a turnover of HK$40.5995 million. On the news front, on the evening of February 27, APAC RESOURCES released its interim results for the six months ending December 31, 2025. The group achieved revenues of approximately HK$467 million during the period, an increase of 215.81% year-on-year. The profit attributable to owners of the company was HK$1.86 billion, turning from loss to profit year-on-year, with basic earnings per share of 130.21 HK cents. APAC RESOURCES pointed out that the increase in profit attributable to owners of the company was mainly due to the strong performance of its resource investment division, which generated a profit of approximately HK$1.3 billion, and the reversal of impairment losses on the equity of MGX Resources Limited (MGX, formerly known as Mount Gibson Iron Limited) amounted to approximately HK$475 million.