MIDLAND HOLDING (01200) saw its share price climb 9.85% during the morning session, currently trading at HK$2.90, with a turnover of HK$6.9878 million.
On January 28, MIDLAND HOLDING issued an announcement stating that, based on a preliminary review of the group's unaudited consolidated management accounts for the 11 months ended November 30, 2025, and the information currently available, these accounts showed a profit before tax of approximately HK$460 million. This figure represents an increase of more than 20% compared to the full-year profit before tax of approximately HK$371 million for the period ended December 31, 2024. Consequently, the group anticipates a significant rise in profit for the fiscal year ending December 31, 2025.
The group attributes the expected profit increase primarily to the outstanding performance across all its business units during the 11-month period ended November 30, 2025, with particular strength noted in "Midland Realty" and "Hong Kong Property." This growth stems from the group's successful execution of a series of management initiatives to drive business expansion during a period of sustained recovery in the residential property market; its enhanced market share in both primary and secondary residential markets; and its ongoing commitment to improving operational efficiency, with a focus on retaining and attracting top talent to deliver superior service to clients.