Dragon Holdings AG
LSE : DRA

July 05, 2012 05:20 ET

Dragon Holdings AG - The BotTrading Company - reported sustainable success in the first quarter ending March 31, 2012 with revenues increasing + 9% and net profit more than doubling

July 05, 2012

Dragon Holdings AG - The BotTrading Company - reported sustainable success in the first quarter ending March
31, 2012 with revenues increasing + 9% and net profit more than doubling.


(Munich  - July 05, 2012) Dragon Holdings AG (WKN: A1CTDS) reported today its consolidated financial results
for the first quarter ending March 31, 2012.

Following its successful business model, Dragon Holdings AG continued to build profitable growth.

Total revenue was of EUR 8.2 million, an increase of 9% compared to the same period last year.

Total  income for the quarter was EUR 8.3 million, derived from sales of goods EUR 5.9 million and sales  of
services plus other operating income EUR 2.4 million.

Net  profit  more than doubled to EUR 1.7 million (Q1/2011: EUR 0.8 million) EUR resulting  in  earning  per
share of EUR 0.19.

Furthermore,  during  the  quarter, Dragon Holdings AG launched a new generation of  hybrid  algorithms  and
embarked upon implementing its ADR Program regarding its intended dual listing in the United States.


CEO Michael Hughes stated:

"The  first  quarter  results of Dragon Holdings AG represent a strong start to our fiscal  year  2012.  Our
compelling value proposition and innovative technology platform continued to drive our financial success and
market share gains. The solid first quarter performance has underpinned the Group's full year goals. We will
take  full advantage of recovering markets while positioning Dragon Holdings AG for continuing expansion  to
the benefit of our shareholders."

The  company reiterates the outlook for 2012 and will continue to focus on business performance  and  income
growth.


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For additional information on Dragon Holdings AG's first quarter results of 2012, please visit the company's
website: www.dragonholdings.net

About Dragon Holdings AG

Dragon  Holdings  AG has its headquarters in Munich, Germany and operates as a holding company  for  various
business activities related to BotTrading(TM) Technology. Through its subsidiaries, Dragon Holdings AG  markets
trading platforms worldwide, offering its clients complete service that includes software and hardware.  The
holding  has  developed  its own successful automated trading system (BotTrading(TM))  that  uses  mathematical
algorithms as well as risk management software to trade on commodity markets.

For further information, please contact our Investor Relations Team:

Email:  investor.realtions@dragonholdings.net
Tel:    +49 (0)89 216650 36.

Dragon Holdings AG

Promenadeplatz 10
D-80333 München
Germany

Tel:    +49 (0)89 216650 36
Fax:    +49 (0)89 216650 41

Contact Information

  • Dragon Holdings AG