Stock Track | DRAGON RISE GP Plummets 7.56% Intraday on Weaker Fiscal H1 Earnings

Stock Track

Nov 28

DRAGON RISE GP (HKG:06829) saw its stock price plummet by 7.56% during intraday trading on Friday, reflecting investor disappointment over the company's latest financial results.

The drop followed the release of Dragon Rise Group's fiscal first-half earnings, which showed a decline in attributable profit to HK$5.3 million from HK$5.9 million a year earlier. Despite a 3.1% year-on-year revenue increase to HK$486.3 million, earnings per share fell to HK$0.0186 from HK$0.0315, signaling weaker profitability.

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