Precious Dragon Forecasts Over 90% Boost in H1 Profit; Shares Jump 1%

MT Newswires Live
08/12

Precious Dragon Technology (HKG:1861) expects a rise of at least 90% in attributable profit in the first half of 2025 from HK$24 million a year prior, according to a late Monday disclosure.

Shares of the paint and coating manufacturing company were up nearly 1% in Tuesday afternoon trading.

The firm attributed the forecast to gains from the disposal of property, plant, and equipment, as well as foreign exchange gains.

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