Hidong Estate says financial position is unchanged since H2 results

Penang-based Hidong Estate has published in interim management statement reporting no significant change in the financial position or the financial performance of the company since the publication of its half-yearly financial results at the end of September.

Penang-based Hidong Estate has published in interim management statement reporting no significant change in the financial position or the financial performance of the company since the publication of its half-yearly financial results at the end of September.

In the half-year ending September 30th, retained profit for the period was down to 78,269 Malysian Ringitt (MR) (£16,410) compared to 81,142 (£16,929) in the corresponding period in 2011.

Hidong Estate is a development stage company which engages in identifying suitable investments for the company. It was previously engaged in the production of natural rubber and and oil palm fresh fruit bunches in Malaysia.

Hidong's share price was unchanged at 50p at 12:24 Friday.

MF

Recommended

Three dividend stocks from the dynamic Asia/Pacific region
Share tips

Three dividend stocks from the dynamic Asia/Pacific region

Professional investor Sat Duhra of the Henderson Far East Income investment trust highlights three of his favourite stocks.
18 Oct 2021
Share tips of the week – 15 October
Share tips

Share tips of the week – 15 October

MoneyWeek’s comprehensive guide to the best of this week’s share tips from the rest of the UK's financial pages.
15 Oct 2021
Trading: stash the family cash in this cheap wealth management firm
Trading

Trading: stash the family cash in this cheap wealth management firm

Wealth management is a growth market. Rathbone Brothers should be a prime beneficiary – and looks cheap. Matthew Partridge explains the best way to pl…
12 Oct 2021
What the best-performing investment trusts of the past 20 years can teach us
Investment trusts

What the best-performing investment trusts of the past 20 years can teach us

Forty-two trusts have risen more than tenfold over the last two decades. What made the winners stand out? And how can we identify future outperformers…
12 Oct 2021

Most Popular

How to invest as we move to a hydrogen economy
Energy

How to invest as we move to a hydrogen economy

The government has started to roll out its plans for switching us over from fossil fuels to hydrogen and renewable energy. Should investors buy in? St…
8 Oct 2021
How to invest in SMRs – the future of green energy
Energy

How to invest in SMRs – the future of green energy

The UK’s electricity supply needs to be more robust for days when the wind doesn’t blow. We need nuclear power, says Dominic Frisby. And the future of…
6 Oct 2021
Why the world’s most important economic data release has unnerved markets
US Economy

Why the world’s most important economic data release has unnerved markets

The US added only 194,000 jobs in September, far shorter than the 500,000 that were expected. John Stepek explains why markets didn't react as they no…
11 Oct 2021