Core Viewpoint - Midea Real Estate (03990) experienced a significant stock price increase of 12.5% on August 19, reaching HKD 5.31 per share with a trading volume of HKD 17.2364 million [1] Company Overview - Midea Real Estate Holdings Limited focuses on real estate development, property management, asset operation, and real estate technology, aiming to provide smart and healthy living services [1] - The company has over 400 contracted projects covering more than 90 million square meters and is actively promoting innovation and transformation in green energy-saving and artificial intelligence home sectors [1] Financial Performance - As of the 2024 annual report, Midea Real Estate reported total revenue of RMB 3.726 billion and a net loss of RMB 2.058 billion [1] - On August 18, the company projected a significant increase in mid-2025 interim results, with attributable net profit expected to be between RMB 250 million and RMB 350 million, representing a year-on-year growth of 77.72% to 148.81% [1]
美的置业(03990)上涨12.5%，报5.31元/股