Midland Holdings Limited (HKG:1200) Held Back By Insufficient Growth Even After Shares Climb 26%
MIDLAND HOLDING: INTERIM REPORT 2024
Midland's Profit Balloons 346% in H1
Midland Holding (01200.HK): Achieved a net profit of 0.174 billion Hong Kong dollars in the first half of the year, a year-on-year increase of 345.7%.
Midland Holding (01200.HK) announced on August 27th that for the six months ending June 30, 2024, it achieved a profit of 3.319 billion Hong Kong dollars, a year-on-year increase of 41%; the attributable surplus to shareholders for the period was 0.174 billion Hong Kong dollars, a year-on-year increase of 345.7%; basic earnings per share of 24.27 Hong Kong cents. The announcement stated that the significant growth in the group's performance was based on, among other factors, the significant increase in operating profit of the group's subsidiary "Midland Property" and "Hong Kong Properties" during the mid-term period compared to the same period last year. This improvement was due to (i) successful capture of the Hong Kong residential market.
Express News | Midland Holdings H1 Revenue HKD 3,318.8 Million
Express News | Midland Holdings Ltd - Does Not Declare an Interim Dividend
Express News | Midland Holdings H1 Net Income Attributable HKD 174 Million
MIDLAND HOLDING: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2024
Midland Holding (01200.HK) plans to hold a board of directors meeting on August 27 to approve its mid-term performance.
Midland Holding (01200.HK) announced on August 9th that the board of directors meeting will be held on Tuesday, August 27th, 2024 to approve the mid-term performance of the company and its subsidiaries for the six months ending June 30th, 2024, including publication, and consider distribution of interim dividends (if any).
Midland Holding (01200) rose more than 25% at one point, and it is expected that the mid-term net profit will increase significantly.
Midland Holding (01200) once rose more than 25%, and as of press time, it has risen 20%, with a price of 0.9 Hong Kong dollars and a turnover of 1.4591 million Hong Kong dollars.
Midland Holding (01200.HK) announced positive earnings: It is expected that options holders will have significantly increased net profits in the midterm.
On June 26th, Gelonghui reported that Midland Holding (01200.HK) announced that after the preliminary review of the unaudited comprehensive management accounts of the Group for the five months ending on May 31, 2024, it recorded that the net profit attributable to equity holders was approximately HKD 170 million, and based on the existing information of the Group, it is expected that the net profit attributable to equity holders for the six months ending on June 30, 2024 will increase significantly compared to the HKD 39 million for the six months ending on June 31, 2023, due to significant growth in Group performance. (1) Under the Group.
Express News | Midland - Expected Result Due to Significant Improvement of Results of Group's Operations in Mainland China, Others
Express News | Midland Holdings Sees Substantial Increase in Net Profit Attributable for Six Months
MIDLAND HOLDING: POSITIVE PROFIT ALERT
MIDLAND HOLDING: ANNUAL REPORT 2023
With A 31% Price Drop For Midland Holdings Limited (HKG:1200) You'll Still Get What You Pay For
Midland Group (01200) Announces 2023 Annual Results. Loss attributable to shareholders of HK$41.916 million narrowed 92.15% year-on-year
Midland Group (01200) announced its results for the year ended December 31, 2023. The group made profits during the period...
MIDLAND HOLDING: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
Changes in Hong Kong stocks | Associated Press Group (01200) falls by more than 10% to commence judicial review legal proceedings against the Hong Kong Competition Commission
The Associated Press Group (01200) fell by more than 10%. At press time, it was down 9.18% to HK$0.89, with a turnover of HK$3.194,400.
Associated Press Group (01200) and some Group member companies commence judicial review legal proceedings against the Competition Commission
The Associated Press Group (01200) issued an announcement relating to the Competition Tribunal's legal process. Some members of the company and group...