DRAGON MINING (01712) announces a profit, expected annual net profit after tax to be approximately AUD 58 million to AUD 62 million, an increase year-on-year.

Dragon Mining (01712) announces that the group is expected to achieve a net profit after tax of approximately 58 to 62 million Australian dollars for the year ending December 31, 2025 (reporting period), compared to a net profit after tax of 12.9 million Australian dollars for the year ending December 31, 2024 (corresponding period). The relevant accounts have not been audited and/or reviewed by the company's auditors or risk management committee. The increase in net profit after tax compared to the corresponding period is mainly due to the following factors: achieving a higher average gold price during the reporting period; higher ore grade and gold recovery rate at the Vammala plant, increasing gold production; and positive contributions from processing gold-bearing ore from Botnia Exploration Ab, a neighboring operator in Sweden, at the Svartliden plant.