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CCT Fortis Narrows 2025 Loss as Ferrari Dealer Unit Powers Ahead

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CCT Fortis Narrows 2025 Loss as Ferrari Dealer Unit Powers Ahead

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CCT Fortis Holdings Limited ( (HK:0138) ) has shared an update.

CCT Fortis Holdings Limited reported a narrowed net loss attributable to owners of HK$327 million for 2025, a 17.4% improvement from 2024, as revenue growth offset headwinds from impairment charges, fair value losses on a film investment, and higher borrowing costs. The board is preserving cash amid an uneven macroeconomic recovery and has again skipped interim and final dividends for the year.

The group’s core activities in property, securities, automotive, and cultural entertainment saw mixed conditions, with Hong Kong’s residential property market benefiting from lower interest rates and eased curbs while securities trading was halted to conserve cash, leaving only interest income from a promissory note. The Blackbird Group delivered standout performance in its Ferrari operations, recording a 66% jump in new car orders and a 30% rise in deliveries, underscoring the strength of its luxury automotive franchise despite broader market challenges.

The most recent analyst rating on (HK:0138) stock is a Hold with a HK$0.06 price target. To see the full list of analyst forecasts on CCT Fortis Holdings Limited stock, see the HK:0138 Stock Forecast page.

More about CCT Fortis Holdings Limited

CCT Fortis Holdings Limited is a diversified group engaged in property, securities investment, automotive distribution and services, and cultural entertainment. Its key automotive arm, the Blackbird Group, holds the official importership and dealership rights for Ferrari and Maserati in Hong Kong and Macau, and also trades in valuable collections and operates car logistics services.

Average Trading Volume: 33,682

Technical Sentiment Signal: Sell

Current Market Cap: HK$94.38M

For detailed information about 0138 stock, go to TipRanks’ Stock Analysis page.

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