Dragon Mining (01712) announced its first half 2025 results, reporting customer revenue of AUD 54.46 million, representing a year-on-year increase of 77.52%. Net profit reached AUD 12.692 million, surging 543.94% compared to the same period last year. Basic and diluted earnings per share stood at 8.03 Australian cents.
According to the announcement, the profit increase was primarily attributed to the following factors: enhanced gold grade and recovery rates during the period led to the Vammala plant producing 13,475 ounces of gold (compared to 8,164 ounces of gold as of June 30, 2024); rising average gold prices during the period; and positive contributions from toll processing gold-bearing ore from neighboring Swedish operator Botnia Exploration AB.