APAC Resources Swings to HK$1.86 Billion Interim Profit on Reversals and Investment Gains

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2026.02.27 14:55
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APAC Resources reported a significant turnaround for the six months ending December 31, 2025, achieving a profit of HK$1.86 billion, up from a loss of HK$309.9 million the previous year. Basic earnings per share rose to 130.21 cents, driven by a HK$1.54 billion gain and a HK$475 million net reversal of impairment. Revenue tripled to HK$466.8 million, reflecting strong operational performance. The stock is currently rated as a Hold with a price target of HK$1.50.