Summary by Futu AI
Nan Nan Res Industrial Limited announced its unaudited interim results for the six months ended September 30, 2024. During the period, the group's revenue significantly increased to HKD 178,204,000, a rise of 229.4% compared to HKD 54,100,000 in the same period last year. Gross profit also rose from HKD 7,752,000 to HKD 96,171,000. Profit for the period was HKD 47,143,000, a substantial increase from HKD 17,371,000 in the same period last year. Basic earnings per share amounted to HKD 6.18. The group's main businesses include coal mining and sales, wind power solutions, and technology services. The coal mining business is the primary source of revenue, with coal sales volume increasing to approximately 1,391,693 tons during the reporting period. The group's cash and cash equivalents at the end of the reporting period totaled HKD 250,149,000. The board of directors does not recommend the distribution of an interim dividend.