Midas Signs JV Framework Agreement with Jilin Kaitong
-- Jilin Kaitong to invest in Midas' subsidiary, Jilin Midas Light Alloy -- With an estimated annual production capacity of 200,000 tonnes, Jilin Midas Light Alloy will focus on manufacturing high precision, high specifications aluminum alloy plates, sheets, strips and foils S...
Midas Reports 3Q2011 Profit Attributable to Shareholders of RMB27.4 Million
Aluminium Alloy Division's revenue rises 5.0% to RMB248.3 million SINGAPORE and HONG KONG, Nov. 14, 2011 /PRNewswire-Asia/ -- Financial Highlights (RMB 'mil) 3Q2011 3Q2010 Change% 9M2011 9M2010 Change% Revenue 259.3 248.0 4.6 869.7 705.5 23.3 Gross profit ...
Midas' 2Q2011 Profit Attributable to Shareholders Up 15.3% to RMB63 Million
SINGAPORE and HONG KONG, Aug. 12, 2011 /PRNewswire-Asia/ -- -- Aluminium Alloy Division's revenue rises 35.1% to RMB303.1 million -- Proposes interim dividend of 0.5 Singapore cents per ordinary share Financial Highlights (RMB 'mil) 2Q2011 2Q2010 Change % 1H2011 1...
Midas Secures Two Metro Contracts Worth RMB95 Million
SINGAPORE and HONG KONG, Aug. 10, 2011 /PRNewswire-Asia/ -- -- Expands market reach to Kunming with contract worth RMB33 million to supply 120 train cars for Kunming Metro -- Second contract worth RMB62 million to supply 192 train cars for Guangzhou Metro Lines 1, 2 and...
Midas' JV Company Nanjing SR Puzhen Rail Transport Secures Two Metro Contracts Totalling RMB3.13 Billion
-- First contract worth RMB2.15 billion to supply 276 train cars for the Nanjing Metro Line 3 Project -- Second contract worth RMB0.98 billion to supply 126 train cars for the Nanjing Metro Line 10 Project SINGAPORE and HONG KONG, July 28, 2011 /PRNewswire-Asia/ -- Midas Holdings Limited ("Mid...
