NORTH MINING (00433) Announces Profit Growth, Expected Unaudited Profit for Shareholders in 2025 is Approximately HK$360 Million, Turnaround from Loss to Profit Compared to the Previous Year.

NORTH MINING (00433) announces that the group is expected to achieve unaudited net profit attributable to the shareholders of the company of approximately HK$229 million and unaudited surplus of approximately HK$360 million for the fiscal year ending on December 31, 2025 (the 2025 fiscal year). This is a significant improvement compared to the audited net loss attributable to the shareholders of approximately HK$68.49 million and the loss of approximately HK$249 million for the fiscal year ending on December 31, 2024, turning from loss to profit. The surplus is mainly attributed to the group's full recovery of mining operations during the year, leading to a significant improvement in production capacity and operational efficiency. The stable recovery of mining operations has brought about a significant positive impact on the overall performance of the group.