HSC Resources Reports Annual Loss of HK$16.5 Million, Reversing from Prior Year Profit

Stock News07-31

HSC RESOURCES (01850) has released its full-year financial results for the period ending April 30, 2026.

Revenue reached approximately HK$433.4 million, an increase of about 15.8% compared to the previous year. However, the company recorded a loss attributable to owners of HK$16.537 million, a sharp reversal from the prior year's profit, with a loss per share of HK$0.09.

The company attributed the loss mainly to a rise in goodwill impairment charges and higher administrative expenses during the year.

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