APAC Resources Limited (“APAC” or the “Company”) and its subsidiaries (collectively, the “Group”) reported a net profit attributable to shareholders of the Company of HK$243,862,000 for the year ended 30 June 2025 (“FY2025”), compared with a net profit attributable to shareholders of the Company of HK$390,031,000 for the year ended 30 June 2024 (“FY2024”). This profit was mostly driven by our Resource Investment division, where we generated a segment profit of HK$342,743,000.

As at 30 June 2025, our non-current assets amounted to HK$1,563,400,000 (As at 30 June 2024: HK$1,633,082,000) and net current assets amounted to HK$2,467,308,000 (As at 30 June 2024: HK$2,252,960,000) with a current ratio of 5.6 times (As at 30 June 2024: 7.7 times) calculated on the basis of its current assets over current liabilities. Included in current assets, the loan receivables amounted to HK$83,578,000 (As at 30 June 2024: HK$88,563,000).

As at 30 June 2025, we had borrowings of HK$468,457,000 (excluding lease liabilities) (As at 30 June 2024: HK$280,105,000) and had undrawn letter of credit, bank and other loan facilities amounting to HK$680,492,000. As at 30 June 2025, we had a gearing ratio of nil (As at 30 June 2024: Nil), calculated on the basis of net debt over equity attributable to owners of the Company. For this purpose, net debt is defined as borrowings (excluding lease liabilities) less cash and cash equivalents.