Zunyi Company Posts Annual Loss of Up to HK$110 Million

Reuters
2026.01.28 17:15
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South Manganese Investment Ltd. announced that its subsidiary, Zunyi Company, is expected to incur losses of approximately HK$105 million to HK$110 million for the year ending December 31, 2025. After intercompany adjustments, losses attributable to the parent company are projected to be around HK$50 million to HK$55 million. The losses are primarily due to weak demand for manganese ore in the Zunyi region and high staff costs.