Magnus Concordia Group Limited
HHKEX:11720.02
HKD
0.00
(0.00%)
ISIN
KYG5792H1065
CUSIP
G5792H106
Return %
Stock
S&P 500
1Y
-12.50
14.20
3Y
-58.00
81.12
5Y
-71.62
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
HKD
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in mil. unless spec.Semi-annual Revenue
HKD
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in mil. unless spec.Semi-annual Earnings Per Share
HKD
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in mil. unless spec.Semi-annual Dividends Per Share
HKD
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in mil. unless spec.Company Description
- CEO
- Lan Zhou
- Full Time Employees
- 90
- Sector
- Commercial services
- Industry
- Commercial printing/Forms
- Address
- Tung Wai Commercial Building Hong Kong Hong Kong
- IPO Date
- Jun 12, 1996
- Website
- mcgrouphk.com
- Similar Companies
- Business
- Magnus Concordia Group Limited (1172.HK) is an investment holding company principally engaged in printing, property development, property investment, and treasury businesses in Hong Kong, Mainland China, the United States, the United Kingdom, France, and internationally. The company manufactures and sells printed products including art books, packaging boxes, and children's books from facilities in Huizhou City, Guangdong Province, PRC; develops, sells, invests in, leases, and trades real estate properties, primarily high-end residential villas and apartments under the Zhonggang Shenhai Forest Project in Zigong City, Sichuan Province, PRC; holds investment properties for rental income such as commercial shops in Hong Kong and a retail plaza in Chengdu, PRC; and invests and trades in debts, equity, and other instruments while providing asset management services under licensed Type 4 (advising on securities) and Type 9 (asset management) regulated activities in Hong Kong. Founded in 1990 and listed on the Hong Kong Stock Exchange in 1996, it is headquartered in Wan Chai, Hong Kong, and was formerly known as Midas International Holdings Limited before changing its name in June 2018. In recent developments, the group announced interim results for the six months ended 30 September 2025 showing revenue of HK$64 million and a net loss of HK$20 million; obtained a one-off waiver for breached financial covenants on HK$80 million bank borrowing secured by investment properties; repaid HK$4 million per schedule; and on 20 November 2025 entered a conditional agreement to dispose of its entire equity interest in Jinjin Investments Co., Limited (and intercompany balances up to HK$5 million) for HK$4 million to Vanguard Investments Special Opportunities Fund I, L.P., an independent third party, as a major transaction requiring shareholder approval at an extraordinary general meeting on 22 December 2025, aiming to reduce PRC real estate exposure amid market challenges, recognize an estimated HK$145 million gain, and improve liquidity.