E&P Global flags possible HK$ 1.45 billion impairment reversal on Russian exploration assets

• E&P Global flagged possible reversal of impairment on exploration and evaluation assets for fiscal year ended March 31, 2026, following a Moscow court ruling that overturned early termination of two Russian mining licenses.
• Group had booked full impairment loss of about HK$ 1.45 billion on those assets for six months ended Sept. 30, 2025, cutting carrying value to nil.
• Any reversal will depend on final, enforceable legal outcome plus completion of audit and valuation work, with annual results due by end-June 2026.

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