Reported Earnings • May 09
Full year 2026 earnings released: EPS: JP¥15.30 (vs JP¥51.87 in FY 2025) Full year 2026 results: EPS: JP¥15.30 (down from JP¥51.87 in FY 2025). Revenue: JP¥38.5b (up 25% from FY 2025). Net income: JP¥147.0m (down 70% from FY 2025). Profit margin: 0.4% (down from 1.6% in FY 2025). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥3.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 4.6%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.2%). Reported Earnings • Feb 14
Third quarter 2026 earnings released: JP¥25.38 loss per share (vs JP¥43.17 loss in 3Q 2025) Third quarter 2026 results: JP¥25.38 loss per share (improved from JP¥43.17 loss in 3Q 2025). Revenue: JP¥6.64b (up 128% from 3Q 2025). Net loss: JP¥244.0m (loss narrowed 41% from 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Annuncio • Nov 29
Central General Development Co., Ltd. to Report Q3, 2026 Results on Feb 13, 2026 Central General Development Co., Ltd. announced that they will report Q3, 2026 results on Feb 13, 2026 Annuncio • Sep 01
Central General Development Co., Ltd. to Report Q2, 2026 Results on Nov 14, 2025 Central General Development Co., Ltd. announced that they will report Q2, 2026 results on Nov 14, 2025 Reported Earnings • Aug 10
First quarter 2026 earnings released: JP¥34.93 loss per share (vs JP¥35.04 loss in 1Q 2025) First quarter 2026 results: JP¥34.93 loss per share (improved from JP¥35.04 loss in 1Q 2025). Revenue: JP¥5.12b (up 49% from 1Q 2025). Net loss: JP¥335.0m (flat on 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Annuncio • May 31
Central General Development Co., Ltd. to Report Q1, 2026 Results on Aug 08, 2025 Central General Development Co., Ltd. announced that they will report Q1, 2026 results on Aug 08, 2025 Reported Earnings • May 12
Full year 2025 earnings released: EPS: JP¥51.87 (vs JP¥94.65 in FY 2024) Full year 2025 results: EPS: JP¥51.87 (down from JP¥94.65 in FY 2024). Revenue: JP¥30.9b (down 3.3% from FY 2024). Net income: JP¥497.0m (down 45% from FY 2024). Profit margin: 1.6% (down from 2.8% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Annuncio • May 09
Central General Development Co., Ltd., Annual General Meeting, Jun 26, 2025 Central General Development Co., Ltd., Annual General Meeting, Jun 26, 2025. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥18.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. The company is not currently making a profit and is not cash flow positive. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.6%). Annuncio • Mar 01
Central General Development Co., Ltd. to Report Fiscal Year 2025 Results on May 09, 2025 Central General Development Co., Ltd. announced that they will report fiscal year 2025 results on May 09, 2025 Reported Earnings • Feb 16
Third quarter 2025 earnings released: JP¥43.17 loss per share (vs JP¥14.12 profit in 3Q 2024) Third quarter 2025 results: JP¥43.17 loss per share (down from JP¥14.12 profit in 3Q 2024). Revenue: JP¥2.91b (down 52% from 3Q 2024). Net loss: JP¥414.0m (down 407% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Annuncio • Nov 30
Central General Development Co., Ltd. to Report Q3, 2025 Results on Feb 14, 2025 Central General Development Co., Ltd. announced that they will report Q3, 2025 results on Feb 14, 2025 Reported Earnings • Nov 11
Second quarter 2025 earnings released: JP¥60.81 loss per share (vs JP¥23.23 loss in 2Q 2024) Second quarter 2025 results: JP¥60.81 loss per share (further deteriorated from JP¥23.23 loss in 2Q 2024). Revenue: JP¥2.19b (down 52% from 2Q 2024). Net loss: JP¥583.0m (loss widened 163% from 2Q 2024). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Annuncio • Aug 27
Central General Development Co., Ltd. to Report Q2, 2025 Results on Nov 08, 2024 Central General Development Co., Ltd. announced that they will report Q2, 2025 results on Nov 08, 2024 New Risk • Aug 17
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.9% Last year net profit margin: 3.1% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 14% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (1.9% net profit margin). Market cap is less than US$100m (JP¥4.46b market cap, or US$30.2m). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to JP¥414, the stock trades at a trailing P/E ratio of 4.4x. Average trailing P/E is 11x in the Real Estate industry in Japan. Total returns to shareholders of 16% over the past three years. Reported Earnings • Jun 28
Full year 2024 earnings released: EPS: JP¥94.65 (vs JP¥88.63 in FY 2023) Full year 2024 results: EPS: JP¥94.65 (up from JP¥88.63 in FY 2023). Revenue: JP¥31.9b (up 5.0% from FY 2023). Net income: JP¥904.0m (up 7.0% from FY 2023). Profit margin: 2.8% (in line with FY 2023). Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 11% per year. Annuncio • Jun 28
Central General Development Co., Ltd. to Report Q1, 2025 Results on Aug 09, 2024 Central General Development Co., Ltd. announced that they will report Q1, 2025 results on Aug 09, 2024 Reported Earnings • May 13
Full year 2024 earnings released: EPS: JP¥94.64 (vs JP¥88.63 in FY 2023) Full year 2024 results: EPS: JP¥94.64 (up from JP¥88.63 in FY 2023). Revenue: JP¥31.9b (up 5.0% from FY 2023). Net income: JP¥904.0m (up 7.0% from FY 2023). Profit margin: 2.8% (in line with FY 2023). Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 15% per year. Annuncio • May 12
Central General Development Co., Ltd., Annual General Meeting, Jun 21, 2024 Central General Development Co., Ltd., Annual General Meeting, Jun 21, 2024. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥18.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 45% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.2%). Annuncio • Mar 02
Central General Development Co., Ltd. to Report Fiscal Year 2024 Results on May 10, 2024 Central General Development Co., Ltd. announced that they will report fiscal year 2024 results on May 10, 2024 New Risk • Feb 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.7x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.3% average weekly change). Profit margins are more than 30% lower than last year (1.2% net profit margin). Market cap is less than US$100m (JP¥5.76b market cap, or US$38.3m). Annuncio • Feb 27
Kyudenko Corporation (TSE:1959) acquired an additional 10.2% stake in Central General Development Co., Ltd. (TSE:3238). Kyudenko Corporation (TSE:1959) agreed to acquire additional 10.2% stake in Central General Development Co., Ltd. (TSE:3238) on February 26, 2024. Under the terms, Kyudenko plans to acquire 0.98 million shares and to hold the shares for an extended period of time. Depending on circumstances, Kyudenko may opt not to acquire some or all of the shares. The transaction was resolved by the Board of Directors of Kyudenko Corporation. The transaction is expected to complete on February 26, 2024.Kyudenko Corporation (TSE:1959) completed the acquisition of an additional 10.2% stake in Central General Development Co., Ltd. (TSE:3238) on February 26, 2024. Valuation Update With 7 Day Price Move • Feb 27
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to JP¥602, the stock trades at a trailing P/E ratio of 18.1x. Average trailing P/E is 12x in the Real Estate industry in Japan. Total returns to shareholders of 93% over the past three years. Reported Earnings • Feb 11
Third quarter 2024 earnings released: EPS: JP¥14.12 (vs JP¥63.16 in 3Q 2023) Third quarter 2024 results: EPS: JP¥14.12 (down from JP¥63.16 in 3Q 2023). Revenue: JP¥6.07b (down 41% from 3Q 2023). Net income: JP¥135.0m (down 78% from 3Q 2023). Profit margin: 2.2% (down from 5.9% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 14% per year. Annuncio • Nov 29
Central General Development Co., Ltd. to Report Q3, 2024 Results on Feb 09, 2024 Central General Development Co., Ltd. announced that they will report Q3, 2024 results on Feb 09, 2024 Reported Earnings • Nov 12
Second quarter 2024 earnings released: JP¥23.23 loss per share (vs JP¥4.51 loss in 2Q 2023) Second quarter 2024 results: JP¥23.23 loss per share (further deteriorated from JP¥4.51 loss in 2Q 2023). Revenue: JP¥4.58b (down 14% from 2Q 2023). Net loss: JP¥222.0m (loss widened 416% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Annuncio • Aug 27
Central General Development Co., Ltd. to Report Q2, 2024 Results on Nov 10, 2023 Central General Development Co., Ltd. announced that they will report Q2, 2024 results on Nov 10, 2023 Reported Earnings • Aug 12
First quarter 2024 earnings released: EPS: JP¥1.26 (vs JP¥11.22 loss in 1Q 2023) First quarter 2024 results: EPS: JP¥1.26 (up from JP¥11.22 loss in 1Q 2023). Revenue: JP¥5.33b (up 18% from 1Q 2023). Net income: JP¥12.0m (up JP¥119.0m from 1Q 2023). Profit margin: 0.2% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 21% per year. Annuncio • May 31
Central General Development Co., Ltd. to Report Q1, 2024 Results on Aug 10, 2023 Central General Development Co., Ltd. announced that they will report Q1, 2024 results on Aug 10, 2023 Reported Earnings • May 17
Full year 2023 earnings released: EPS: JP¥88.62 (vs JP¥70.62 in FY 2022) Full year 2023 results: EPS: JP¥88.62 (up from JP¥70.62 in FY 2022). Revenue: JP¥30.4b (up 3.7% from FY 2022). Net income: JP¥845.0m (up 34% from FY 2022). Profit margin: 2.8% (up from 2.1% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • May 14
Central General Development Co., Ltd., Annual General Meeting, Jun 23, 2023 Central General Development Co., Ltd., Annual General Meeting, Jun 23, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥15.00 per share at 2.7% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 6.1% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (3.1%). Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥63.15 (vs JP¥45.61 loss in 3Q 2022) Third quarter 2023 results: EPS: JP¥63.15 (up from JP¥45.61 loss in 3Q 2022). Revenue: JP¥10.2b (up JP¥8.68b from 3Q 2022). Net income: JP¥602.0m (up JP¥1.04b from 3Q 2022). Profit margin: 5.9% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Annuncio • Nov 27
Central General Development Co., Ltd. to Report Q3, 2023 Results on Feb 10, 2023 Central General Development Co., Ltd. announced that they will report Q3, 2023 results on Feb 10, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: JP¥4.51 loss per share (vs JP¥11.08 loss in 2Q 2022) Second quarter 2023 results: JP¥4.51 loss per share (improved from JP¥11.08 loss in 2Q 2022). Revenue: JP¥5.30b (down 3.7% from 2Q 2022). Net loss: JP¥43.0m (loss narrowed 56% from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Outside Director Ayumi Toriyama was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 13
Second quarter 2023 earnings released: JP¥4.51 loss per share (vs JP¥11.08 loss in 2Q 2022) Second quarter 2023 results: JP¥4.51 loss per share (improved from JP¥11.08 loss in 2Q 2022). Revenue: JP¥5.30b (down 3.7% from 2Q 2022). Net loss: JP¥43.0m (loss narrowed 56% from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Annuncio • Aug 25
Central General Development Co., Ltd. to Report Q2, 2023 Results on Nov 11, 2022 Central General Development Co., Ltd. announced that they will report Q2, 2023 results on Nov 11, 2022 Reported Earnings • Aug 11
First quarter 2023 earnings released: JP¥11.21 loss per share (vs JP¥34.11 loss in 1Q 2022) First quarter 2023 results: JP¥11.21 loss per share (up from JP¥34.11 loss in 1Q 2022). Revenue: JP¥4.53b (up 21% from 1Q 2022). Net loss: JP¥107.0m (loss narrowed 60% from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jul 09
Investor sentiment deteriorated over the past week After last week's 17% share price decline to JP¥463, the stock trades at a trailing P/E ratio of 7x. Average trailing P/E is 10x in the Real Estate industry in Japan. Total returns to shareholders of 67% over the past three years. Valuation Update With 7 Day Price Move • Jun 24
Investor sentiment improved over the past week After last week's 17% share price gain to JP¥596, the stock trades at a trailing P/E ratio of 8.9x. Average trailing P/E is 10x in the Real Estate industry in Japan. Total returns to shareholders of 126% over the past three years. Annuncio • Jun 01
Central General Development Co., Ltd. to Report Q1, 2023 Results on Aug 09, 2022 Central General Development Co., Ltd. announced that they will report Q1, 2023 results on Aug 09, 2022 Reported Earnings • May 18
Full year 2022 earnings released: EPS: JP¥70.62 (vs JP¥74.17 in FY 2021) Full year 2022 results: EPS: JP¥70.62. Revenue: JP¥29.3b (up 13% from FY 2021). Net income: JP¥630.0m (up 9.8% from FY 2021). Profit margin: 2.1% (in line with FY 2021). Annuncio • May 18
Central General Development Co., Ltd., Annual General Meeting, Jun 24, 2022 Central General Development Co., Ltd., Annual General Meeting, Jun 24, 2022. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Outside Director Ayumi Toriyama was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Apr 08
Central General Development Co., Ltd. to Report Fiscal Year 2022 Results on May 13, 2022 Central General Development Co., Ltd. announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥12.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 25 June 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 3.4%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.6%). Reported Earnings • Feb 14
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: JP¥45.61 loss per share (down from JP¥114 profit in 3Q 2021). Revenue: JP¥1.52b (down 88% from 3Q 2021). Net loss: JP¥435.0m (down 149% from profit in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Annuncio • Feb 11
Central General Development Co., Ltd. (TSE:3238) announces an Equity Buyback for 200,000 shares, representing 2.07% for ¥60 million. Central General Development Co., Ltd. (TSE:3238) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 2.07% of its issued share capital (excluding treasury stock), for a total purchase price of ¥60 million. The purpose of the program is to implement agile capital policies in response to changes in the business environment. The program will continue through June 17, 2022. As of February 10, 2022, the company has 9,674,559 issued shares (excluding own shares) and 7,041 own shares. Reported Earnings • Nov 15
Second quarter 2022 earnings released: JP¥11.08 loss per share (vs JP¥66.03 loss in 2Q 2021) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2022 results: Revenue: JP¥5.51b (up 263% from 2Q 2021). Net loss: JP¥98.0m (loss narrowed 81% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Annuncio • Aug 05
Central General Development Co., Ltd. announced that it has received ¥688.7176 million in funding from Kyudenko Corporation On August 3, 2021, Central General Development Co., Ltd. closed the transaction. Reported Earnings • Jun 29
Full year 2021 earnings released: EPS JP¥74.17 (vs JP¥127 in FY 2020) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: JP¥26.0b (up 8.0% from FY 2020). Net income: JP¥574.0m (down 41% from FY 2020). Profit margin: 2.2% (down from 4.1% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year and the company’s share price has also increased by 10% per year. Valuation Update With 7 Day Price Move • Jun 28
Investor sentiment improved over the past week After last week's 23% share price gain to JP¥437, the stock trades at a trailing P/E ratio of 5.9x. Average trailing P/E is 13x in the Real Estate industry in Japan. Total returns to shareholders of 66% over the past three years. Annuncio • Jun 26
Central General Development Co., Ltd. announced that it expects to receive ¥688.7176 million in funding from Kyudenko Corporation Central General Development Co., Ltd. (TSE:3238) announced a private placement of 1,934,600 common shares at an issue price of ¥356 per share for gross proceeds ¥688,717,600. The transaction include participation from Kyudenko Corporation (TSE:1959) through third-party allotment. The transaction was approved by board of directors of the company. The expected payment ranges from July 12, 2021 to August 9, 2021. The company will receive net proceeds of ¥621,237,600. Reported Earnings • May 09
Full year 2021 earnings released: EPS JP¥74.16 (vs JP¥127 in FY 2020) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: JP¥26.0b (up 8.0% from FY 2020). Net income: JP¥574.0m (down 41% from FY 2020). Profit margin: 2.2% (down from 4.1% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥12.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 26 June 2021. Trailing yield: 3.2%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (2.1%). Is New 90 Day High Low • Mar 15
New 90-day high: JP¥348 The company is up 5.0% from a price of JP¥331 on 15 December 2020. Underperformed the Japanese market, which is up 9.0% over the last 90 days. Lagged the Real Estate industry, which is up 7.0% over the same period. Annuncio • Mar 04
Central General Development Co., Ltd. to Report Q4, 2021 Results on May 07, 2021 Central General Development Co., Ltd. announced that they will report Q4, 2021 results on May 07, 2021 Reported Earnings • Feb 14
Third quarter 2021 earnings released: EPS JP¥114 (vs JP¥96.52 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: JP¥13.0b (up 59% from 3Q 2020). Net income: JP¥884.0m (up 18% from 3Q 2020). Profit margin: 6.8% (down from 9.2% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Is New 90 Day High Low • Dec 01
New 90-day high: JP¥358 The company is up 30% from its price of JP¥276 on 02 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 12% over the same period. Annuncio • Aug 30
Central General Development Co., Ltd. to Report Q2, 2021 Results on Nov 13, 2020 Central General Development Co., Ltd. announced that they will report Q2, 2021 results on Nov 13, 2020 
