APAC resources (01104.HK) announced profit growth. In the fiscal year ending in June, the expected surplus is not less than 0.32 billion yuan, compared to last year's loss of 0.318 billion yuan. The reason for this is an increase in profits contributed by the resource investment and commodity business unit, as well as a decrease in impairment losses exceeding 0.267 billion yuan in the previous year, which was mainly share-held by the joint venture, MGX.