Dragon Holdings AG
LSE : DRA

September 27, 2011 02:54 ET

Half yearly results 2011 for BotTrading Company Dragon Holdings AG

Half yearly results 2011 for BotTrading Company Dragon Holdings AG

(Munich - 27/09/2011) Dragon Holdings AG (WKN: A1CTDS), is pleased to announce its results for the H1 2011
(01.01.2011-30.06.2011).

The revenue of Dragon Holdings AG at the end of H1 was Euro 13,610,938 (Euro 1,322,611). EBT (Earnings before
Tax) was Euro 1,045,307 (Euro 131,045).

The company is looking to expand sales of BotTrading products to institutional market in Hong Kong and Taiwan.
The Algorithms used have proven that they are positively hedged to volatility giving positive return in market
chaos.

Management continues to expect a volatile market environment in full year 2011. Continuing insecurities in the
Eurozone, combined with worries about the global economy, still make it impossible to prepare a precise
earnings forecast for the current fiscal year. However Volatility has always benefitted Algorithmic trading
program. The Management of Dragon Holdings AG has positioned the Company in a number of promising investments,
which it closely monitors and adjusts if necessary.

"The company's half yearly results represent a good start in the year" said Michael Hughes, CEO. "As
anticipated, H1 sales revenues were strong and as expected. The acquisitions completed in last quarter 2010
have shown positive results. The results of the first half show the positive effect of these acquisitions."

The executive Board

Dragon Holdings AG operates as a holding company with headquarters in Munich. The Company, through its
subsidiaries, handles various business activities related to BotTrading Technology, used to execute buy and
sell trade operations automatically on worldwide futures exchanges without human intervention. Dragon Holdings
AG thru its subsidiaries markets trading platforms that use mathematical algorithms to trade commodity markets,
GAPG and risk management software, throughout South East Asia, Middle East and India.

If you have any questions please contact investor relations:

Laura Scheffner on laura@dragonholdings.net  or +49 (0)172 7610 603.

Dragon Holdings AG
Promenadeplatz 10
D-80333 München
Germany
Tel: +49 89 48058 0620
Fax: +49 89 21 66 50 41


Contact Information

  • Dragon Holdings AG