Dragon Resources (01712) expects net profit to increase to about 60 million to 65 million Australian dollars year-on-year in the first half of the year

According to the Zhitong Finance App, Dragon Resources (01712) announced that it is expected that the Group will obtain a net profit of about 60 million Australian dollars to 65 million Australian dollars for the period ending June 30, 2026, while net profit after tax for the period ending June 30, 2025 is 12.69 million Australian dollars.

Compared with the corresponding period, this increase in net profit after tax was mainly due to the following factors: achieving a higher average gold price during the reporting period; the Vammala plant obtained higher mining ore grades and gold recovery rates, boosting gold production; charging fees to process gold-containing ore from neighboring operator Botnia Exploration Ab in Sweden brought positive contributions; and the sale of shares in Aurion Resource Limited (TSXV: AU) during the reporting period.