Million Cities Narrows Annual Loss on Cost Cuts Despite Revenue Decline

Million Cities Holdings Ltd. ( (HK:2892) ) has issued an announcement.

Million Cities Holdings Limited reported a narrowed loss for the year ended 31 December 2025, as revenue fell to RMB63.9 million from RMB99.7 million but gross losses improved and administrative expenses were sharply reduced. Loss attributable to equity shareholders decreased to RMB20.5 million from RMB113.8 million, supported by a smaller gross loss, lower operating costs, and reduced losses from associates, although no final dividend was proposed as the Group continues to stabilise its financial position.

Management highlighted that overall loss for the year shrank to RMB26.9 million from RMB143.5 million, aided by an income tax credit and modest valuation gains on investment properties. The results indicate that while operating conditions remain challenging amid weaker sales, cost controls and improved associate performance have significantly mitigated the Group’s losses, with implications of a gradual financial recovery but continued earnings pressure for shareholders.

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 Limited is a Hong Kong-listed company incorporated in the Cayman Islands, operating through subsidiaries as a property-focused group that generates revenue from property-related activities and investment properties in mainland China. The Group’s performance is closely tied to the mainland property market, with earnings influenced by valuation movements, associate contributions, and project sales.

Average Trading Volume: 55,111

Technical Sentiment Signal: Hold

Current Market Cap: HK$296.3M

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