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An update from Trans-China Automotive Holdings Ltd. ( (SG:VI2) ) is now available.
Trans-China Automotive Holdings Limited reported a 24.4% decline in total revenue for the first nine months of 2025 compared to the same period in the previous year. This decline is attributed to lowered sales targets to mitigate losses on new car sales, resulting in negative gross margins and total contribution from new car sales. The company has ceased new car sales operations at its Guangzhou BMW Dealership to minimize losses and conserve cash flow, while also implementing brand rationalization and cost-cutting initiatives across the organization.
More about Trans-China Automotive Holdings Ltd.
Trans-China Automotive Holdings Limited is a company incorporated in the Cayman Islands, operating in the automotive industry. It focuses on the sale of new and pre-owned automobiles and offers after-sales services, with a notable presence in the Chinese market.
Average Trading Volume: 1,052,950
Technical Sentiment Signal: Sell
Current Market Cap: S$18.87M
See more data about VI2 stock on TipRanks’ Stock Analysis page.