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In the mid-term, the net profit of Meigao Group (09879.HK) increased by 27.4% to 80.69 million RMB, no dividend.
Meihao Group (09879.HK) announced its interim performance for the six months ending in September, with a profit of 2.128 billion RMB (same below), up 69.5% year-on-year. Recorded a net profit of 80.69 million yuan, an increase of 27.4%, earnings per share of 8.9 cents. No interim dividend declared.
Migao Group Sees Strong Revenue Growth in 2024
Mikado Group (09879.HK) reported a mid-term profit of approximately 75.3 million yuan, an increase of about 23.0% year-on-year.
Gelonghui, November 28th - Michael Group (09879.HK) announced that the total revenue for the first 6 months of the 2025 fiscal year is approximately 2.128 billion yuan, a year-on-year increase of about 69.5%; the net income for the first 6 months of the 2025 fiscal year is approximately 75.3 million yuan, a year-on-year increase of about 23.0%; the basic earnings per share for the first 6 months of the 2025 fiscal year is approximately 0.089 yuan (6 months of 2024 fiscal year: about 0.094 yuan), a year-on-year decrease of about 5.3%. The increase in net income is mainly due to the following reasons: (i) the group's gross profit increased with the increase in revenue; (ii) other income increased.
MIGAO GROUP: INTERIM RESULTS ANNOUNCEMENTFOR THE SIX MONTHS ENDED 30 SEPTEMBER 2024
Citic sec: Global demand remains strong, and the leading potash fertilizer producer's production cut may raise prices.
Citic sec predicts that the supply and demand for global potassium fertilizer will be tight in 2025, and potassium fertilizer prices are expected to rebound from the bottom.
China Automobile Association: From January to October, the top ten auto companies sold a total of 20.863 million vehicles.
According to the statistics analyzed by the China Association of Automobile Manufacturers, from January to October, the top ten enterprises (groups) in terms of automobile sales sold a total of 20.863 million vehicles, accounting for 84.7% of the total automobile sales.
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