South Manganese Investment (HKG:1091) reported HK$172.7 million yuan in attributable profit for the half ended June 30, reversing from a loss of HK$162.8 million yuan in the year-ago period, according to a Hong Kong bourse filing Friday.
Earnings per share was HK$0.0473, compared with a loss of HK$0.0475 in the prior year.
Revenue fell 49% year on year to HK$2.91 billion, results showed.
Shares of the manganese company increased over 2% in morning trade Monday.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.