FilingReader Intelligence

South Manganese Investment posts hefty loss amid revenue drop

March 14, 2025 at 05:06 PM UTCBy FilingReader AI

South Manganese Investment reported a loss attributable to owners of HK$725.1 million for 2024, a stark contrast to the HK$64.1 million profit in the previous year. Revenue decreased by 22.9% to HK$13.21 billion, driven by reduced sales in trading, EMM and alloying materials. The company's operating loss reached HK$375.7 million, compared to a profit of HK$123.7 million in 2023.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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