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Hidong Estate PLC - George Town, Malaysia-headquartered investment company - Pretax profit for the six months that ended September 30 is MYR95,855, or £16,993, more than tripling from MYR31,739, or £5,627, the year before. This is primarily driven by administrative expenses falling 54% to MYR43,586, or £7,727, from MYR95,964, or £17,013. Net income during the six-month period grew 9.2% to MYR139,441, or £24,720, from MYR127,703, or £22,639. The company swings to a fair value gain on investments of MYR74,745, or £13,258, from a loss of MYR1,129, or £200, the year before. Hidong Estate did not declare an interim dividend, unchanged from last year. Current stock price: 10.00 pence, flat in London on Friday afternoon 12-month change: none Copyright 2024 Alliance News Ltd. All Rights Reserved.
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