Success Dragon International to Swing to Loss in Fiscal H1

MT Newswires Live

2024/11/18

Success Dragon International (HKG:1182) expects a net loss of around HK$3.4 million for the six months ended Sept. 30, compared with a net profit of HK$1.6 million a year prior, a Monday bourse filing said.

The gold processing company attributed the anticipated swing to loss mainly to a significantly lower revenue from the gold processing business amid a decline in production due to the insufficient supply of gold ore from suppliers.

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