- Hong Kong
- /
- Real Estate
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- SEHK:1200
Midland Holdings First Half 2024 Earnings: EPS: HK$0.24 (vs HK$0.054 in 1H 2023)
Midland Holdings (HKG:1200) First Half 2024 Results
Key Financial Results
- Revenue: HK$3.32b (up 41% from 1H 2023).
- Net income: HK$174.1m (up 346% from 1H 2023).
- Profit margin: 5.2% (up from 1.7% in 1H 2023). The increase in margin was driven by higher revenue.
- EPS: HK$0.24 (up from HK$0.054 in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Midland Holdings Earnings Insights
Looking ahead, revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Real Estate industry in Hong Kong.
Performance of the Hong Kong Real Estate industry.
The company's shares are down 5.3% from a week ago.
Risk Analysis
Before you take the next step you should know about the 1 warning sign for Midland Holdings that we have uncovered.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About SEHK:1200
Midland Holdings
An investment holding company, provides property agency services in Hong Kong, Macau, and Mainland China.
Undervalued with excellent balance sheet.