passenger rail transportation

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Midas 1Q earnings nearly treble to $5.8 mil on higher revenue

SINGAPORE (May 12): Midas Holdings has announced earnings of RMB28.7 million ($5.8 million) for the first quarter ended March 31, nearly three times up from the RMB10 million posted in the same quarter a year ago on a surge in revenue.

Results

Midas sees 62% leap in 2Q earnings to $3.8 mil

SINGAPORE (Aug 12): Midas Holdings, the manufacturer of aluminium alloy extrusion products for the passenger rail transportation sector, posted a 61.8% rise in 2Q16 earnings to RMB18.7 million ($3.8 million) from RMB11.6 million a year ago.
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