Midland Industrial and Commercial Shop earned 47.14 million last year and fell 47%

Midland Industrial and Commercial Store (00459) announced its annual results yesterday. In 2018, its annual revenue was about 629 million yuan, down 1.3% year-on-year. It earned 47.148 million yuan, down 46.5% year-on-year. Huang Hancheng, executive director and chief executive officer of Midland Industrial and Commercial Services, pointed out that the Sino-US trade war broke out in the second half of last year, affecting the investment market and reducing the business of the agency. In addition, the Group bought property last year and the rental income was not reflected in the performance. Falling year by year.

For this year’s deployment, he said that the group had invested in industrial buildings and hotels last year. This year, it will also pay attention to properties below 100 million yuan, which is expected to increase rental income. In the hands of the people, the staff of the bank currently has more than 600 employees and 16 branches.