tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Trans-China Automotive Reports Revenue Decline and Strategic Adjustments

Story Highlights
Trans-China Automotive Reports Revenue Decline and Strategic Adjustments

TipRanks Cyber Monday Sale

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.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1