Newton Resources 1231.HK · HKD

Its shares trade on HKEX under the ticker 1231.HK. It has been listed since 4 July 2011. In the fiscal year to 31 December 2024, it reported revenue of $309.9m and a net loss of $287,000.

Newton Resources Ltd. is an investment holding company, which engages in trading and mining businesses. The company employs 75 full-time employees The company went IPO on 2011-07-04. The firm operates through two business segments. The Iron Concentrates segment is engaged in the mining, processing and sale of iron concentrates. The iron concentrates are mainly used in the manufacture of steel in China. The Gabbro-Diabase and Stone segment is engaged in the mining, processing and sale of gabbro-diabase and stone products. The Company’s primary subsidiaries include Jet Bright Limited and Lincheng Xingye Mineral Resources Company Limited.

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• Mr. Tin Lung ChongExecutive Chairman of the Board, since 2018$270,000
• Mr. Yue Kan LukChief Financial Officer, Company Secretary, Executive Director, since 2011$287,000
• Mr. Hongyuan ChenNon-Executive Director
• Ms. Qingli HangNon-Executive Independent Director
• Mr. Kwan Hung LeeIndependent Non-Executive Director$36,000
• Mr. Yick ShinIndependent Non-Executive Director$36,000
• Mr. King Fai TsuiIndependent Non-Executive Director$36,000

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