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PRECIOUS DRAGON (01861) will distribute a final dividend of HKD 0.0219 per share on July 8.
PRECIOUS DRAGON (01861) announced that the company will distribute a final dividend of 0... per share on July 8, 2025.
Express News | Precious Dragon Technology Holdings FY Turnover HKD 613 Million
PRECIOUS DRAGON: ANNUAL RESULTSFOR THE YEAR ENDED 31 DECEMBER 2024
Precious Dragon Technology Issues Profit Warning Amid Operational Challenges
PRECIOUS DRAGON (01861.HK) expects a decrease of no less than 39% in net profit for the fiscal year 2024.
On March 18, Gelonghui reported that PRECIOUS DRAGON (01861.HK) announced that, based on the preliminary review of the unaudited consolidated management accounts for the group for the fiscal year ending December 31, 2024, and other relevant information currently available, the group is considering impairing its investment in a manufacturing plant located in Thailand. The book net value of the plant is approximately 120.4 million HKD. Taking into account the impairment provision for the plant and the group's operating performance for the fiscal year 2024, the group expects that the profit attributable to the owners of the parent company will significantly decrease, meaning a reduction of not less than approximately 56.9 million HKD compared to the profit attributable to the owners of the parent company in the previous year.
Express News | Precious Dragon Technology - Expected Result Due to an Increase in Promotional Expenses in FY, Others