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Midland Holdings Reports Strong Turnaround in 2024 Annual Results

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Midland Holdings Reports Strong Turnaround in 2024 Annual Results

Confident Investing Starts Here:

Midland Holdings Limited ( (HK:1200) ) has issued an announcement.

Midland Holdings Limited announced its audited consolidated annual results for the year ended December 31, 2024, reporting a significant turnaround with a profit of HK$320.3 million compared to a loss of HK$41.9 million in the previous year. This positive performance is attributed to increased revenues and effective cost management, positioning the company favorably in the real estate market and providing a positive outlook for stakeholders.

More about Midland Holdings Limited

Midland Holdings Limited operates in the real estate industry, focusing on property agency services. The company provides a range of services including property sales, leasing, and management, primarily in the Hong Kong market.

YTD Price Performance: 26.19%

Average Trading Volume: 1,164,652

Technical Sentiment Signal: Sell

Current Market Cap: HK$759.9M

See more insights into 1200 stock on TipRanks’ Stock Analysis page.

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