Madison Property AG
Madison Property AG: Full year results 2010/2011
Madison Property AG / Key word(s): Final Results – Revenues rise from 63.5 million Euro to 72.4 million Euro – Profit for the year improves by 16% to 10.7 million Euro Berlin/Frankfurt, October 31, 2011 – Chinese property developer Madison Property AG (ISIN DE000A0V9KR3 / WKN A0V9KR / Ticker MPD) reached revenues of 72.4 million Euro during its financial year 2010/2011, ending on April 30. This represents an increase of 14% or 8.9 million Euro compared to the previous year. The net profit rose accordingly by 16% to 10.7 million Euro (previous year: 9.2 million Euro). Net margin remained stable at around 15%. Thus, the Company outperformed its own headline goals for the financial year 2010/2011. You can find the complete report at: http://www.madison-property.com/en/investor-relations/publications/financial-reports.html About Madison Property AG Madison Property AG is a German stock corporation under the laws of Germany with its legal seat in Berlin. It is the holding company of Madison Property Group Limited which operates as a large scale property developer with its local subsidiaries in China, mainly in the Shandong Province and the municipality of Chongqing. Founded in 1998, Madison already completed and successfully sold 14 projects/project phases. It is focused mainly on residential properties with high quality and travel as well as leisure properties. Madison is recognised as a Class I property developer by the People's Republic of China Ministry of Housing and Urban-Rural Development and can therefore undertake projects nationwide without limitation on the construction scale. For further information please contact: Kirchhoff Consult AG
Dr. Kay Baden or visit www.madisonproperty.de Disclaimer This publication constitutes neither an offer to sell nor a solicitation to buy securities of Madison Property AG. This document is not an offer of securities for sale or a solicitation of an offer to purchase securities in the United States. The shares of Madison Property AG (the 'Shares') have not been registered under the U.S. Securities Act of 1933, as amended (the 'Securities Act') and may not be offered or sold in the United States unless registered under the Securities Act or pursuant to an exemption from such registration. There will be no public offering of the Shares in the United States and the Shares will not be registered under the Securities Act. This document is only being distributed to and is only directed at (i) persons who are outside the United Kingdom or (ii) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the 'Order') or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as 'relevant persons'). The Shares are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents. End of Corporate News 31.10.2011 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
144195 31.10.2011 |