International Resources (01051) announced its 2023 results, with revenue of US$890.59 million, an increase of 231...
According to the Zhitong Finance App, International Resources (01051) announced its 2023 results, with revenue of US$890.59 million, up 231.4% year on year; profit attributable to company owners of US$7.107 million and loss of US$89.927 million in 2022; profit per share of 1.58 cents, with proposed final dividend of HK$0.12 per share.
According to the announcement, turning a loss into profit was mainly due to a sharp increase in earnings of US$62.2 million; an increase of US$15.4 million in income from fixed income investments; a decrease of US$6.1 million in fair value losses on financial assets and perpetual note investments measured at fair value and whose changes are included in profit and loss; an increase of US$6.5 million in other income; and a decrease of US$3.4 million in administrative expenses.