Grand Ming Group (01271.HK) warns of profits: expected annual net profit to fall by 70% to 80%.
On June 13, Gelunhui announced that Grand Ming Group Holdings (01271.HK) expects significant declines of approximately 90% in revenue and 70% to 80% in net profit in the current financial year ("this year"), compared to the revenue of about HKD 5.005 billion and net profit of about HKD 1.275 billion for the financial year ended March 31, 2023. The announcement stated that the significant drop in revenue this year is mainly due to a significant decrease in the number of properties sold from property development projects. The drop in net profit this year is mainly due to (i) the aforementioned decrease in the number of properties sold,
Express News | Grand Ming Group - Decline in Profit for Year Due to Increase in Finance Costs, Others
Express News | Grand Ming Group Sees Substantial Decline in Revenue of 90% for Year
Express News | Grand Ming Group Sees Decrease in Net Profit for Year Ranging From 70% to 80%
Zhitong Hong Kong Shareholders' Rights Disclosure | June 3
Disclosure of Hong Kong Stock Shareholders' Rights | June 3
Grand Ming Group Holdings Limited (HKG:1271) Top Key Executive Hung Ming Chan's Holdings Dropped 12% in Value as a Result of the Recent Pullback
Key Insights Insiders appear to have a vested interest in Grand Ming Group Holdings' growth, as seen by their sizeable ownership The largest shareholder of the company is Hung Ming Chan with a 65% s
GRAND MING: Interim Report 2023
GRAND MING To Go Ex-Dividend On November 27th, 2023 With 0.04 HKD Dividend Per Share
November 9th - $GRAND MING(01271.HK)$ is trading ex-dividend on November 27th, 2023. Shareholders of record on November 28th, 2023 will receive 0.04 HKD dividend per share on December 20th, 2023.
Grand Ming Group Holdings (01271) announced interim results, net profit of HK$110 million decreased 92.12% year over year
Garmin Group Holdings (01271) announced the results for the six months ended September 30, 2023. The group achieved profit...
GRAND MING: Interim Results Announcement for the six months ended 30 September 2023
GRAND MING: Clarification and Supplemental Announcement In Relation To 2022/23 Annual Report
Grand Ming Group Flags 90% Drop in Profit
Grand Ming Group Holdings (HKG:1271) expects an over 90% decrease in both revenue and profit for the six months through September, as against a revenue of about HK$4.92 billion and a net profit of abo
GRAND MING: Profit Warning
GRAND MING To Go Ex-Dividend On August 10th, 2023 With 0.05 HKD Dividend Per Share And 0.15 HKD Special Dividend Per Share
August 4th - $GRAND MING(01271.HK)$ is trading ex-dividend on August 10th, 2023. Shareholders of record on August 11th, 2023 will receive 0.05 HKD dividend per share and 0.15 HKD special dividend
GRAND MING: Annual Report 2022/23
Grand Ming Group Proposes New Share Option, Award Schemes
Grand Ming Group Holdings (HKG:1271) is proposing to adopt a new share option scheme and share award plan as the expiry date of the existing schemes approaches on July 23. The move comes to enable the
Grand Ming Group Boosts Dividend as FY23 Profit Surges
Grand Ming Group Holdings' (HKG:1271) profit surged to HK$1.28 billion in the fiscal year ended March 31, or HK$0.8979 per share, from HK$17.5 million, or HK$0.0124 per share, a year ago, a Monday fil
GRAND MING: Annual Results Announcement for the Year Ended 31 March 2023
GRAND MING: Date of Board Meeting
Grand Ming Group Holdings' (HKG:1271) Earnings Growth Rate Lags the 35% CAGR Delivered to Shareholders
While Grand Ming Group Holdings Limited (HKG:1271) shareholders are probably generally happy, the stock hasn't had particularly good run recently, with the share price falling 22% in the last quarter.
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