NEWTON RES (01231) reported its interim results, with a net loss attributable to shareholders of $998,000, an increase of 185.14% year-on-year.

NEWTON RES(01231) announced its interim results for the six months ended June 30, 2026. The group recorded revenue of $20.81 million, a year-on-year decrease of 80.85%; the loss attributable to equity holders was $998,000, a year-on-year increase of 185.14%; the loss per share was $0.02. During the reporting period, the group faced a challenging operating environment, including a decline in both the quantity and quality of iron ore supplied by major suppliers, as well as a weakening demand for steel downstream. Both factors contributed to a decrease in iron ore sales volume and unit gross profit. Revenue fell from approximately $108.7 million in the same period last year to approximately $20.8 million, while gross profit decreased from approximately $2.2 million in the same period last year to approximately $200,000.