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The latest announcement is out from Million Cities Holdings Ltd. ( (HK:2892) ).
Million Cities Holdings Ltd. expects to sharply narrow its full-year net loss for 2025, projecting a loss after tax of RMB20 million to RMB29 million, compared with RMB143.5 million a year earlier, and a loss attributable to equity shareholders of RMB15 million to RMB21 million versus RMB113.8 million in 2024. Management attributes the improvement mainly to the absence of impairment losses and interest provisions on receivables from associated companies recorded in 2024, alongside a significant drop in inventory impairments, administrative expenses and tax charges, including a reversal of over-provisioned tax, though the figures remain unaudited and investors are urged to exercise caution pending final results expected by the end of March 2026.
The most recent analyst rating on (HK:2892) stock is a Hold with a HK$0.34 price target. To see the full list of analyst forecasts on Million Cities Holdings Ltd. stock, see the HK:2892 Stock Forecast page.
More about Million Cities Holdings Ltd.
Million Cities Holdings Ltd., incorporated in the Cayman Islands and listed in Hong Kong, operates through a group structure with subsidiaries and associated companies. The company is engaged in businesses that generate inventory-related assets and receivables from associates, indicating exposure to property or project-based operations within the mainland China and Hong Kong markets.
Average Trading Volume: 26,750
Technical Sentiment Signal: Hold
Current Market Cap: HK$296.3M
Learn more about 2892 stock on TipRanks’ Stock Analysis page.