METROPOLIS CAP (08621) Issues Profit Warning, Expects Interim Pre-Tax Loss of Approximately RMB 24 Million, Turning from Profit to Loss Year-over-Year

Stock News
Aug 14

METROPOLIS CAP (08621) announced that the Group expects to record a pre-tax loss of approximately RMB 24 million for the six months ended June 30, 2025, compared to a pre-tax profit of approximately RMB 48 million for the six months ended June 30, 2024 (corresponding period), representing a decrease of approximately 595.0%.

The decrease was primarily attributable to reduced revenue, particularly financing lease consulting service income due to the reduction in scale of related business operations; the change from reversal of loss provisions for factoring receivables in the corresponding period to recognition of loss provisions for factoring receivables in the reporting period; and increased recognition of loss provisions for other receivables and financial guarantee contract liabilities, which was partially offset by reductions in other operating expenses and staff costs.

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