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MIGAO GROUP: 2024 / 2025 INTERIM REPORT
Migao Group Holdings Limited's (HKG:9879) Most Bullish Insider Is CEO Guocai Liu, and Their Holdings Value Went up by 6.9% Last Week
Migao Group Sees Strong Revenue Growth in 2024
Mikao Group (09879.HK) reported a mid-term profit of approximately 75.3 million yuan, an increase of about 23.0% year-on-year.
Glory Finance reported on November 28th that the total revenue for the first 6 months of the 2025 fiscal year is approximately RMB 2.128 billion, an increase of about 69.5% year-on-year; the net income for the first 6 months of the 2025 fiscal year is approximately RMB 75.3 million, an increase of about 23.0% year-on-year; the basic earnings per share for the first 6 months of the 2025 fiscal year is approximately RMB 0.089 (compared to approximately RMB 0.094 for the first 6 months of 2024), a decrease of about 5.3% year-on-year. The increase in net income is mainly due to the following reasons: (i) The group's gross profit increased due to the increase in revenue; (ii) other income increased because
MIGAO GROUP: INTERIM RESULTS ANNOUNCEMENTFOR THE SIX MONTHS ENDED 30 SEPTEMBER 2024
Citic sec: Global demand remains strong, and the leading potash fertilizer producer's production cut may raise prices.
Citic sec predicts that the supply and demand for global potassium fertilizer will be tight in 2025, and potassium fertilizer prices are expected to rebound from the bottom.