Midland Holdings Projects Major Profit Surge

Midland Holdings Limited (HK:1200) has released an update.

Midland Holdings Limited has announced a forecast for a substantial increase in the net profit for the first half of 2024, significantly higher than the previous year’s figures. This optimistic financial outlook is credited to the robust performance of their real estate businesses in Hong Kong and strategic improvements in Mainland China operations. Shareholders and potential investors are cautioned to trade carefully, with full results to be disclosed in the company’s interim results by the end of August 2024.

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