SUCCESS DRAGON Issues Positive Profit Alert, Anticipates Annual Net Profit of at Least HK$72.9 Million

Stock News
Jun 22

The company SUCCESS DRAGON (HKEX: 01182) has announced a positive profit alert, forecasting that the net profit attributable to its owners for the financial year ending March 31, 2026, will be no less than HK$72.9 million.

This projected figure stands in sharp contrast to the net profit of approximately HK$8.5 million recorded for the previous financial year ended March 31, 2025.

The significant surge in profitability is primarily attributed to a substantial increase in revenue stemming from two key developments.

Firstly, the completion of infrastructure construction at a mining area in Henan Province has enabled the resumption of gold ore production and processing activities.

Secondly, capitalizing on gold prices reaching record highs, the group sold a greater volume of gold ingots in Yunnan Province, thereby realizing increased profits.

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