CITIC Resources reported FY 2025 revenue of HKD 14.96 billion, up 58%, while profit attributable to ordinary shareholders fell 70% to HKD 170.65 million. FY 2025 EBITDA declined 35% to HKD 950.3 million and adjusted EBITDA fell 31% to HKD 1.44 billion. The company attributed the earnings decline mainly to lower average selling prices for crude oil and coal, higher alumina costs at the Portland Aluminium Smelter, and a joint venture loss driven by lower crude oil prices. In FY 2025, the import and export of commodities segment generated revenue of HKD 11.34 billion, while the crude oil segment recorded revenue of HKD 1.2 billion. CITIC Resources ended FY 2025 with cash and deposits of HKD 3.52 billion, up 74%, and said it expects a complex and volatile 2026 environment with geopolitical risks, trade policy shifts and the energy transition continuing to pressure prices for oil, gas and coal.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CITIC Resources Holdings Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260313-12051463), on March 13, 2026, and is solely responsible for the information contained therein.
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