Dragon Mining (HKG:1712) expects a net profit between AU$12.2 million and AU$13.3 million for 2024, higher than AU$5.2 million booked for 2023, a Tuesday bourse filing said.
The company attributed the expected increase to higher average gold prices, lower depreciation and amortization charges, a gain from the termination of a certain agreement, and a fair value gain on the group's investment.