G-Resources Group Limited provided earnings guidance for the six months ended 30 June 2023. The company anticipated that the Group will record a net loss of approximately USD 6 million for the six months ended 30 June 2023, as compared to a net loss of USD 65 million for the six months ended 30 June 2022 (the "Corresponding Period"). The expected decrease in loss was mainly attributable to: a substantial reduction in fair value losses of financial assets and investments in perpetual notes at fair value through profit or loss held by the Group recognised of approximately USD 32 million in the current interim period as compared to fair value losses of USD 71 million in the Corresponding Period; and increase in the income generated from fixed income investments by approximately USD 19 million.
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5-day change | 1st Jan Change | ||
2.53 HKD | +0.80% | +3.27% | +29.74% |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+29.74% | 146M | |
-6.03% | 113B | |
-3.98% | 87.91B | |
+20.42% | 63.85B | |
+5.29% | 61.9B | |
+10.12% | 42.86B | |
+7.95% | 40.84B | |
+18.92% | 34.58B | |
+5.88% | 25.46B | |
-5.25% | 22.13B |
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