FilingReader Intelligence
Newton Resources expects shift from profit to loss
August 8, 2025 at 09:50 AM UTC•By FilingReader AI
Newton Resources Ltd projects a net loss of approximately $0.5m for the six months ended June 30, 2025, down from a $1.4m net profit in the corresponding 2024 period.
The decline stems from reduced iron ore supply from a key vendor and significantly lower unit gross profit amid weak demand.
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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HKEX:1231•Hong Kong Exchange
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