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Midea Real Estate Holding Limited ( (HK:3990) ) has shared an update.
Midea Real Estate Holding Limited has issued a positive profit alert, indicating a significant increase in profit for the first half of 2025 compared to the same period in 2024. The expected profit range is between RMB250.00 million to RMB350.00 million, attributed to the inclusion of project management services as a new business segment. This development is anticipated to enhance the company’s operations and market positioning, potentially impacting stakeholders positively.
The most recent analyst rating on (HK:3990) stock is a Buy with a HK$3.50 price target. To see the full list of analyst forecasts on Midea Real Estate Holding Limited stock, see the HK:3990 Stock Forecast page.
More about Midea Real Estate Holding Limited
Midea Real Estate Holding Limited is a company incorporated in the Cayman Islands, operating in the real estate industry. The company focuses on providing real estate development and management services, and it has recently expanded its operations to include project management services.
YTD Price Performance: 69.57%
Average Trading Volume: 5,845,437
Technical Sentiment Signal: Buy
Current Market Cap: HK$6.85B
For detailed information about 3990 stock, go to TipRanks’ Stock Analysis page.