Analyst Research Report Snapshot


North Asia Resources Holdings Limited






07 Jul 2015





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North Asia Resources Holdings Limited (NAR) is a Hong Kong-based investment holding group, engaged in the exploration and development of coal mineral deposits. The group’s business is focused on strategic investments in the mining sectors. NAR is also engaged in the distribution of information technology products, and geological survey. The group operates in Hong Kong, China and the UK. It is headquartered in Central, Hong Kong and employs around 1,131 people. The group recorded revenues of HK$129.7 million (approximately $16.7 million) in the fiscal year ended December 2013, an increase of 50.6% over 2012. The group's operating loss was HK$3,939.3 million (approximately $507.9 million) in fiscal 2013, as compared to an operating loss of HK$57.1 million (approximately $7.4 million) in 2012. Its net loss was HK$3,948 million (approximately $509 million) in fiscal 2013, as compared to the net loss of HK$113.7 million (approximately $14.7 million) in 2012.

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