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IRC (01029.HK) plans to hold a board of directors meeting on August 26th to approve the interim performance.
On August 14th, 2022, IRC (01029.HK) announced that the board of directors will hold a meeting on August 26th, 2024 to consider the mid-year performance of the company and its subsidiaries for the six months ending June 30th, 2024, and authorize the board of directors' executive committee (including) to consider, implement and approve the mid-term performance of the Company and its subsidiaries for the six months ending June 30th, 2024.
IRC: DATES OF DIRECTORS' MEETING2024 INTERIM RESULTS ANNOUNCEMENT ON 29 AUGUST 2024
IRC (01029.HK) is expected to have a net loss of $10 million to $20 million for the first half of the year.
On August 9th, Gelunhui announced that in the second quarter of 2024, the production of K&S increased by 13.2% compared to the previous quarter (that is, the first quarter of 2024), mainly due to the relatively low base in the first quarter of 2024. The grade and quality of ore decreased with the depletion of the Kimkan mine, which continued to hinder production. In the first half of 2024, production decreased by 13.5% compared to the first half of 2023. Sales increased by 12.6% compared to the first quarter of 2024, consistent with the increase in production during this quarter. Sales in the first half of 2024 decreased by 18.6% compared to the first half of 2023.
Express News | IRC Ltd Sees Hy Loss Attributable of Between About US$10 Mln to US$20 Mln
Express News | IRC Ltd - Sales Volume in Q2 2024 Also Improved by 12.6% Quarter-to-Quarter
Express News | IRC Ltd - During Q2 2024, 601,029 Tonnes of Iron Ore Concentrate Were Produced
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