Midland Holdings Limited (HK:1200) has released an update.
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Midland Holdings Limited anticipates a strong financial turnaround for 2024, projecting a net profit exceeding HK$300 million compared to last year’s HK$42 million loss. This positive outlook is driven by improved operations in Hong Kong’s residential property market and strategic changes in Mainland China. However, the company acknowledges ongoing risks such as geopolitical tensions and an uncertain economic climate.
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