Grand Ming Group Holdings Limited provided consolidated group earnings guidance for the six months ended 30 September 2022. For the period, the group expects to record consolidated revenue and net profit of approximately HKD 4.92 billion and HKD 1.41 billion, respectively, representing an increase by approximately 7.4 times and 19.3 times, respectively, when compared to the corresponding period of 2021. The significant increase in the Group's consolidated revenue and net profit for the Period was primarily attributable to, among other things, the handover of the pre-sold units of The Grand Marine (the Group's residential project at 18 Sai Shan Road, Tsing Yi, the New Territories) to buyers during the Period, resulting in recognition of the corresponding revenue and profits.
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5-day change | 1st Jan Change | ||
3.15 HKD | -0.63% | 0.00% | -19.02% |
Jun. 26 | Grand Ming Group's Full-Year Profit Slumps 77% | MT |
Jun. 25 | Grand Ming Group Holdings Limited Reports Earnings Results for the Full Year Ended March 31, 2024 | CI |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-19.02% | 577M | |
-7.39% | 65.22B | |
+3.10% | 60.05B | |
+20.19% | 37.66B | |
+11.64% | 30.98B | |
+15.81% | 30.56B | |
+20.73% | 20.23B | |
+10.21% | 19.72B | |
+81.44% | 17.88B | |
+27.59% | 16.18B |
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