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Million Cities Holdings Ltd. ( (HK:2892) ) has provided an update.
Million Cities Holdings Limited has announced an expected decrease in its loss for the six months ending June 30, 2025. The company attributes this improvement to not recognizing impairment losses or making provisions that were necessary in the previous year, alongside a significant reduction in administrative expenses and taxation. This anticipated reduction in losses could positively impact the company’s financial health and investor confidence.
More about Million Cities Holdings Ltd.
Million Cities Holdings Limited is a company incorporated in the Cayman Islands, operating with its subsidiaries in various sectors. The company is listed on the Stock Exchange of Hong Kong and is involved in managing a diverse portfolio of investments.
Average Trading Volume: 18,444
Technical Sentiment Signal: Buy
Current Market Cap: HK$300M
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