The Zhitong Finance App learned that trading of Southern Manganese (01091) was suspended on March 30, 2023, and resumed trading plummeted 50% today. As of press release, it fell 49.49% to HK$0.25, with a turnover of HK$4.702 million.
According to the news, Nanfang Manganese issued its 2022 and 2023 interim results on November 29. The report shows that the company's revenue in 2022 was approximately HK$16.032 billion, up 24.9% year on year. Profit attributable to company owners was HK$336 million, a decrease of 26% over the previous year. In the first half of 2023, the company achieved revenue of HK$7.733 billion, a year-on-year decrease of 14.2%; profit attributable to the owners of the company was HK$135 million, a decrease of 64.8% year-on-year.