HONG KONG, Jun 19, 2021 - (ACN Newswire via SEAPRWire.com) - Grand Ming Group Holdings Limited ("Company", together with its subsidiaries, collectively referred to as the "Group"; 1271.HK) announces its annual results for the year ended 31 March 2021 (FY 2020/21).Highlights:- Revenue amounted to HK$1,492.4 million, an increase of 65.3% from the previous financial year.- Net profit was HK$149.0 million, representing an increase of 340.6%.- Underlying profit, excluding the changes in fair value of investment properties, increased by 234.2% to HK$147.6 million.- Proposed payment of final dividend of 4.0 HK cents per share.- Stay positive toward lucrative business of owning and operating data centres via expanding portfolio of developing two new centres in near future.- Seize opportunity to increase land reserve for property development in Hong Kong and cautiously explore property and property-related development opportunities in Nanning, Guangxi Province, China.The Group's consolidated revenue increased approximately 65.3% from approximately HK$902.6 million for FY 2019/20 to approximately HK$1,492.4 million for FY 2020/21. The increase was primarily driven by revenue recognised from ...