Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Alert> MIDLAND HOLDING (01200.HK) Expects 1H26 Pre-tax Profit to Rise About 69% YoY
Recommend 4 Positive 2 Negative 0 |
||||
|
||||
|
MIDLAND HOLDING (01200.HK) issued a positive profit alert, expecting to record a pre-tax profit of approximately HKD300 million for the six months ended end-Jun 2026, representing an increase of about 69% compared with HKD178 million in the same period last year. The Group also anticipates that both pre-tax profit and profit attributable to equity holders will record significant growth during the period, and are expected to reach a 20-year interim high. The Board believes that the significant increase in the Group's profit was mainly attributable to a marked rise in the pre-tax profit of Midland Realty and Hong Kong Property for the five months ended end-May 2026, while all other business units of the Group recorded profits. The Group's overall market share increased, particularly in the secondary residential market. The Group also continued to enhance operational efficiency, with a focus on retaining and attracting talent. (sl/u) Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
AASTOCKS Financial News |
||||
Copied to Clipboard
 |
||||
