Hong Kong Stock Market News | SOUTH MANGANESE resumes trading and plummets by 50%. Shareholders' attributable profit in the first half of last year decreased by over 60% YoY.
SOUTH MANGANESE has been suspended since March 30, 2023. It resumed trading this morning and plummeted by 50%. As of the time of writing, it has fallen by 49.49% to HKD 0.25, with a turnover of HKD 4.702 million. In terms of news, SOUTH MANGANESE released its interim performance report for 2022 and 2023 on November 29. The report shows that the company's revenue in 2022 was approximately HKD 16.032 billion, a year-on-year increase of 24.9%. The attributable net profit to shareholders was HKD 336 million, a decrease of 26% compared to the previous year. In the first half of 2023, the company achieved revenue of HKD 7.733 billion, a decrease of 14.2% compared to the same period last year. The attributable net profit to shareholders was HKD 135 million, a decrease of 64.8% compared to the previous year.
Zhitong App learned that SOUTH MANGANESE (01091) has been suspended from trading since March 30, 2023. It resumed trading this morning and plummeted by 50%. As of the time of writing, it has fallen by 49.49% to HKD 0.25, with a turnover of HKD 4.702 million.
On the news front, SOUTH MANGANESE released its interim results for 2022 and 2023 on November 29. The report shows that the company's revenue in 2022 was approximately HKD 16.032 billion, a YoY increase of 24.9%. The attributable net profit to shareholders was HKD 336 million, a decrease of 26% YoY. In the first half of 2023, the company achieved revenue of HKD 7.733 billion, a decrease of 14.2% YoY. The attributable net profit to shareholders was HKD 135 million, a decrease of 64.8% YoY.