Hong Kong Stocks Movement | MIDEA GROUP (00300) Surges Over 3% Again with Double-Digit Growth in Q2 Revenue and Profit, First Interim Dividend Since Listing

Stock News
Sep 02

MIDEA GROUP (00300) surged over 3% again, rising 3.34% to HK$86.7 as of press time, with a turnover of HK$484 million.

On the news front, MIDEA GROUP recently released its 2025 interim results, achieving revenue of 252.331 billion yuan, up 15.68% year-on-year, and net profit attributable to shareholders of 26.014 billion yuan, up 25.04% year-on-year.

Looking specifically at the second quarter, the company achieved revenue of 123.9 billion yuan in Q2 this year, up 11.0% year-on-year, and net profit attributable to the parent company of 13.59 billion yuan, up 15.1% year-on-year.

Notably, the company announced its first interim dividend since listing, proposing a cash dividend of 5 yuan per 10 shares (tax inclusive).

Guosen Securities noted that in the second quarter, despite facing headwinds from export tariff disruptions and intensified domestic price competition, the company maintained double-digit growth in both revenue and profit, demonstrating the operational resilience of an industry leader.

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