Midland Group (01200) announced interim results. Profit attributable to shareholders of HK$282 million increased by 86.33% year over year

Zhitongcaijing · 2d ago

According to the Zhitong Finance App, Midland Group (01200) announced its interim results for the six months ended June 30, 2026. The group achieved revenue of HK$3,312 million, an increase of 31.52% over the previous year; profit attributable to the company's equity holders during the period was HK$282 million, an increase of 86.33% over the previous year; and basic profit per share was HK$39.35 cents.

According to the announcement, the Group's significant profit growth is mainly based on: (1) the significant increase in profit before tax in the mid-term period of “Midland Property” and “Hong Kong Real Estate”, while all other business units of the Group have made profits; (2) the Group's overall market share has increased, especially in the second-hand housing market; and (3) the Group's continued efforts to improve operating efficiency, focus on retaining and attracting top talents to provide customers with quality services.