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Precious Dragon Technology's Net Profit, Revenue Slip in H1

MT Newswires ·  {{timeTz}}

03:10 AM EDT, 08/24/2021 (MT Newswires) -- Aerosol products manufacturer Precious Dragon Technology Holding(HKG:1861) reported a sharp decline in its consolidated attributable net profit to HK$7.1 million ($910,085) in the six months ended June 30 as against HK$29.92 million a year ago.

Earnings per share contracted to HK$0.03 compared with HK$0.128, according to a Monday filing.

Shares of the company were down nearly 2% intraday on Tuesday.

Revenue fell to HK$287.0 million from HK$344.1 million in the corresponding period of the previous fiscal year.

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