FilingReader Intelligence
IRC warns loss to surge to $110m on impairment
August 21, 2025 at 02:11 PM UTC•By FilingReader AI
IRC Limited expects a consolidated loss of $90-110 million for the six months ended June 30, compared to $13.2 million in the same period last year.
The increase is mainly due to a projected $120 million asset impairment loss provision for the K&S mine, attributed to Russian Rouble appreciation affecting operating costs.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
HKEX:1029•Hong Kong Exchange
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