Midas Holdings – reports a good set of Q2-2013 results……on better contribution from associates Monday, 26 August, 2013 11:41 AM
Posted by Kevin Scully
...Posted by Kevin Scully
Midas reported a good set of Q2-2013 results with revenue higher by 29% and net profit higher by 779.3%.
Key highlights of the results are as follows:
a) revenue rose 29.2% to RMB284mn
b) pretax profit was 133% higher at RMB19.5mn
c) net profit rose 779.3% to RMB13.9mn
d) H1-2013 revenue was up 8% to RMB486.4mn
e) H1-2013 net profit was lower by 50.8% to RMB8.29mn
f) H1-2013 EPS was RMB fen 0.82 down 40.6%
g) H1-2013 NAV was RMB2.42 Yuan or about S$0.506
h) Gross debt was RMB1.66bn while net debt was RMB1.24bn
i) Gross and net gearing ratios were ...
