MIDLAND HOLDING (01200) reports profit surge, expecting significant growth in mid-term pre-tax profit and attributable profit to equity holders, hitting a 20-year high.

MIDLAND HOLDING (01200) announces that based on the group's existing information and preliminary review of the unaudited consolidated management accounts for the five months ended May 31, 2026, the group has achieved a profit before tax of approximately HK $300 million. This represents an increase of approximately 69% compared to the profit before tax of approximately HK $178 million for the six months ended June 30, 2025. The group expects a significant increase in profit before tax and profit attributable to equity holders for the six months ended June 30, 2026, and anticipates achieving a new high in performance for the 20-year period. The significant growth in profits for the group is mainly attributed to a significant increase in profit before tax for "Midland Realty" and "Hong Kong Properties" for the five months ended May 31, 2026, while all other business units of the group have also been profitable. The group's overall market share has increased, especially in the secondary residential market, and the group continues to focus on improving operational efficiency, attracting and retaining top talent, and providing quality services to clients.