National joint resources: expected annual loss of approximately 50 to 60 million Hong Kong dollars.
The company expects to incur a loss of approximately HK$50 million to HK$60 million for the financial year ending June 30, 2025, compared to a loss of approximately HK$8.629 million in the previous year. The Board of Directors believes that the increase in loss for the current year is mainly due to a fair value loss of approximately HK$20 million on financial liabilities recognized in the profit or loss, and a bad debt recovery of approximately HK$26.772 million on other receivables in the previous year that did not occur in the current year.
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