Midas International Holdings Limited announced that the group expects to record a significant increase in profit for the six months ended 30 September 2015 as compared to that of the last corresponding period. The board of the directors announced that the group expects to record a significant increase in profit of approximately 720% to 820% as compared to that of the last corresponding period. Based on an analysis of the unaudited financial information currently available, the expected increase in profit of the group for the six months ended 30 September 2015 is principally attributable to the completion of the sale of the entire registered capital of Dongguan Midas Printing Company Limited during the period, which had resulted in a net gain of approximately HKD 109 million.
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- Midas International Holdings Limited Provides Earnings Guidance for the Six Months Ended September 30, 2015