STAR CM Flags Sharply Narrowed 2025 Loss but Stays in the Red

STAR CM Holdings Limited ( (HK:6698) ) has shared an announcement.

STAR CM Holdings Limited has warned that it expects to narrow its net loss for the year ended 31 December 2025 to about RMB100 million to RMB125 million, from roughly RMB230 million a year earlier. The improvement is attributed to stable revenue, tighter cost controls, better operational efficiency that lifted gross margins, the absence of large goodwill and asset impairments recorded in 2024, and sharply lower administrative expenses driven by ongoing cost optimisation.

Despite this progress, the group remains loss-making in 2025 due mainly to impairment charges on properties held by certain associates, which significantly reduced the carrying value of those investments. The preliminary figures, which have not yet been audited or reviewed, signal operational improvements but also highlight continuing balance-sheet pressures, and shareholders are urged to wait for the full annual results due on 27 March 2026 and to exercise caution when trading the company’s shares.

The most recent analyst rating on (HK:6698) stock is a Hold with a HK$0.87 price target. To see the full list of analyst forecasts on STAR CM Holdings Limited stock, see the HK:6698 Stock Forecast page.

More about STAR CM Holdings Limited

STAR CM Holdings Limited, incorporated in the Cayman Islands and listed in Hong Kong, operates through a group structure focused on content-related businesses, including film broadcasting rights and associated media assets. The company’s activities expose it to fluctuations in revenue from film and related intellectual property, as well as valuation changes in properties and investments held through associates.

Average Trading Volume: 195,968

Technical Sentiment Signal: Sell

Current Market Cap: HK$398.5M

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