Madison Holdings Group Limited (HKG:8057) May Have Run Too Fast Too Soon With Recent 36% Price Plummet
Madison Holdings Group Limited (HKG:8057) shareholders that were waiting for something to happen have been dealt a blow with a 36% share price drop in the last month.
Madison Holdings (08057): Xie Mengna will resign as executive director
Madison Holdings (08057) issued an announcement. Xie Menna resigned as the company's executive director due to her focus on other personal matters,...
Madison Holdings (08057.HK) completed the grant of share options to SRA involving up to 85.92223 million shares
Madison Holdings (08057.HK) announced that all preconditions contained in the second share option agreement have been met
MADISON HLDG: Interim Report 2023
MADISON HLDG: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2023
MADISON HLDG: PROFIT WARNING
MADISON HLDG: NOTICE OF BOARD MEETING
MADISON HLDG: First Quarterly Report 2023
Madison Holdings (08057.HK) achieved net profit of HK$2,139 million in the first fiscal quarter
On August 8, GLONGHUI丨Madison Holdings (08057.HK) announced that in the first quarter of the three months ending June 30, 2023, the Group's earnings fell by about 27.0% to about HK$19.2 million. The decline in the Group's earnings was mainly due to a decrease in earnings from the wine business and loan financing business. Company owners earned HK$2,139 million during the period, a year-on-year decrease of 72.2%, with a basic profit of HK$0.34 cents per share.
MADISON HLDG: ANNOUNCEMENT OF FIRST QUARTERLY RESULTS FOR THE THREE MONTHS ENDED 30 JUNE 2023
MADISON HLDG: Annual Report 2022/23
Madison Holdings' (08057.HK) annual revenue from continuing operations decreased by approximately 25.5% to approximately HK$97.2 million
Glonghui, June 20, 丨 Madison Holdings (08057.HK) announced that for the year ending March 31, 2023, the Group's revenue from continuing operations decreased by about 25.5% to approximately HK$97.2 million. The Group's annual continuing operating loss was approximately HK$1.4 million, a decrease of about 91.2% over last year. A loss of HK0.35 cents per share from continuing operations and terminated operations. The Group's goal is to provide loans to borrowers with good credit records that can be covered by sufficient collateral (preferably high-quality properties and assets). The target customers of this business are long-term or short-term capital requirements for the business
MADISON HLDG: ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED 31 MARCH 2023
Some Confidence Is Lacking In Madison Holdings Group Limited (HKG:8057) As Shares Slide 32%
Madison Holdings Group Limited (HKG:8057) shareholders that were waiting for something to happen have been dealt a blow with a 32% share price drop in the last month.
MADISON HLDG: DATE OF BOARD MEETING
MADISON HLDG: INSIDE INFORMATION - EXPECTED REDUCTION IN LOSS
Madison Holdings (08057) appoints Senator Pak Shing as new auditor
According to the Zhitong Finance App, Madison Holdings (08057) announced that since the company and Xinyong Zhonghe (Hong Kong) Certified Public Accountants (Hong Kong) Limited failed to agree on the company's audit fees for the year ending March 31, 2023, Xin Yonghe and Zhonghe have resigned as the company's auditor, effective March 10, 2023. Furthermore, as recommended by the Audit Committee, it has been decided to appoint Shanghui Pak Shing Certified Public Accountants Co., Ltd. as the company's new auditor, effective March 10, 2023, to fill the temporary vacancies after the resignation of Shin Yonghe, and the term of office is until the end of the company's next annual general meeting of shareholders.
Madison Holdings (08057): Zhang Li resigns as executive director
According to the Zhitong Finance App, Madison Holdings (08057) announced that Zhang Li resigned as the company's executive director due to his focus on other private matters, effective February 10, 2023.
Madison Holdings: Earnings Report for the Third Quarter of 2022
Madison Holdings (08057) announced results for the first three quarters, with shareholders accounting for a profit of HK$2,534 million
According to the Zhitong Finance App, Madison Holdings (08057) announced results for the nine months ending December 31, 2022, with earnings of HK$704.19 million, a year-on-year decrease of 31.4%; company owners should account for a profit of HK$2,534 million, with a loss of HK$20.593 million in the same period last year; basic profit of HK$0.41 per share. The performance of continuing operations improved during the period, mainly due to a reduction of approximately HK$6 million in administrative and other operating expenses; a decrease of approximately HK$21.3 million in net impairment of loans receivable and interest recognition; and was partially offset by a reduction in overall gross profit of approximately HK$11.5 million.
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