Brief: Irc Ltd Sees A Profit Attributable Excluding Assets Impairment, Of Between Us$30 Million To Us$40 Million For Six Months

IRC

05/08/2022 02:06

IRC Ltd  1029.HK :
    * IRC LTD SEES  A PROFIT ATTRIBUTABLE EXCLUDING ASSETS
IMPAIRMENT,
OF BETWEEN US$30 MILLION TO US$40 MILLION FOR SIX MONTHS
    * IRC LTD -  EXPECTED RESULT DUE TO SIGNIFICANT DECREASE IN
MARKET
IRON ORE PRICE, AMONG OTHERS
    * IRC LTD -  MAY BE REQUIRED TO RECOGNISE A PROVISION FOR
ASSET
IMPAIRMENT LOSS FOR K&S MINE AS AT 30 JUNE
    * IRC LTD -  Q2 IRON ORE CONCENTRATE PRODUCTION 665,773
TONNES
VERSUS 665,974 TONNES
    * IRC LTD -  Q2 IRON ORE CONCENTRATE SALES 697,610 TONNES
VERSUS
634,381 TONNES

Source text for Eikon:  ID:nHKSPwGzS 
Further company coverage:  1029.HK