HK Stock Market Move | SUCCESS DRAGON (01182) rose over 125% after profit increase. Expected to return to profit in the medium term, Henan Gold Mine resumes production.

SUCCESS DRAGON (01182) surged over 125% at one point, and as of the time of writing, has risen by 86.27% to HK$0.95, with a trading volume of HK$5.8879 million. On the news front, on November 17, SUCCESS DRAGON announced that the Group is expected to achieve a profit attributable to owners of the company of approximately HK$25.7 million for the current period (six months ended September 30, 2025), compared to a net loss attributable to owners of the company of approximately HK$3.4 million for the same period ended September 30, 2024 (the same period last year). The announcement stated that the expected turnaround from a net loss in the previous year to a profit in the current period is mainly due to increased revenue from the processing of gold ore in Henan Province during the current period. The increase is attributed to the completion of infrastructure construction in the mining area and the resumption of production of gold ore in Henan.