North Mining (00433) announced its annual results for the year ended December 31, 2023, with revenue of HK$1,534 billion...
According to the Zhitong Finance App, North Mining (00433) announced results for the year ended December 31, 2023, with revenue of HK$1,534 billion, up 18.4% year on year; loss attributable to company owners was HK$1,632.5 billion, up 903.8% year on year; basic loss per share was HK10.14 cents.
The increase in losses during the period was mainly due to impairment losses of approximately HK$51.56 million, HK$3.61 million, HK$149,000 and HK$13.4 million on mining rights, property, plant and equipment, rights of use assets and goodwill, respectively; and confirmed debt restructuring losses of approximately HK$1.34 billion.