On November 25th, Capital State learned that Hong Kong listed company Taixing Real Estate (code: 00277.HK) released its mid-fiscal year 2022 report.
From April 1, 2021 to September 30, 2021, the company's operating income was HK $30.865 million, down 5.97% from the same period last year. The net profit belonging to the parent company was HK $4.011 million, turning losses to profits compared with the same period last year. In the same period last year, the company lost HK $59.223 million, and basic earnings per share was HK $0.01.
The industry to which the company belongs is a real estate management company.
During the reporting period, the company's total final assets were HK $3.052 billion, pre-tax profit was HK $6.816 million, accounts receivable and notes were HK $2.212 million and net cash flow from operating activities was HK $16.436 million.