Million Cities Holdings Reports 10.2% Decline in Revenue to RMB41.4 Million and Narrows Net Loss to RMB4.0 Million for Six Months Ended 30 June 2025; Basic and Diluted Losses Per Share at RMB0.29

Reuters
2025/09/25
<a href="https://laohu8.com/S/02892">Million Cities</a> Holdings Reports 10.2% Decline in Revenue to RMB41.4 Million and Narrows Net Loss to RMB4.0 Million for Six Months Ended 30 June 2025; Basic and Diluted Losses Per Share at RMB0.29

Million Cities Holdings Ltd. reported its interim results for the six months ended 30 June 2025. The group recorded revenue of RMB41.4 million, representing a decrease of 10.2% compared to RMB46.1 million for the same period in 2024. Gross profit was RMB16.5 million, up 11.5% from RMB14.8 million a year earlier. The company posted a net loss attributable to equity shareholders of RMB2.2 million, narrowing from a net loss of RMB61.7 million in the prior-year period. The reduction in loss was mainly due to a significant decrease in administrative expenses and improved share of profits from associates. Management noted that despite ongoing challenges in the real estate sector and limited impact from favorable policy measures, the group remains focused on boosting sales, controlling costs, and generating cash flow to maintain business stability. All bank loans of the group's subsidiaries have been fully repaid. Looking ahead, the company expects that the property market may take a prolonged period to stabilize and recover.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Million Cities Holdings Ltd. published the original content used to generate this news brief on September 25, 2025, and is solely responsible for the information contained therein.

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