Brief: IRC Sees Profit Attributable For Six Months Excluding Assets Impairment $5 Mln To $10 Mln

IRC

23/08/2023 16:28

Aug 23 (Reuters) - IRC Ltd  1029.HK :
    * SEES PROFIT ATTRIBUTABLE FOR SIX MONTHS EXCLUDING ASSETS
IMPAIRMENT, IN RANGE OF US$5 MILLION TO US$10 MILLION
    * EXPECTED RESULT DUE TO SIGNIFICANT DECREASE IN MARKET IRON
ORE
PRICE
    * SEES TO MAKE PROVISION FOR ASSET IMPAIRMENT LOSS FOR K+S
MINE AS
AT 30 JUNE OF US$75 MILLION
    * SEES LOSS ATTRIBUTABLE IN RANGE OF US$65 MILLION TO US$70
MILLION FOR HY


Further company coverage:  1029.HK 

 ((Reuters.Briefs@thomsonreuters.com;))