Things might slowly be getting better at Success Dragon International Holdings. The company recently announced it expects to see a decrease in losses for the six month period which ended on September 30, 2019, as compared to the same period of time in 2018.

According to the owners of Success Dragon, the company saw an HK$13.5 million ($1.72 million) loss for the same six-month period of time last year, however, they did not provide any additional information about what amount of loss they expect.

They expect the improvemnet primarily because the amount of revenue that has been generated from its moneylending business, which has made a significant impact on overall profits. This business was acquired in December 2018 and, combined with a decrease in depreciation expenses, has helped to improve the overall revenue.

It has been a difficult last few years at Success Dragon. At the end of March 2019, the company reported a year-to-year decline in revenue of 21.9%, falling to HK$87.8 million ($11.22 million). This, despite a considerable decrease in losses, which fell from HK$131.6 million ($16.81 million) to HK$38.9 million ($4.97 million) during those 12 months. The decrease in losses came primarily from a decrease in operating and administrative expenses.