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
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Million Cities Holdings Ltd. reported a 10.2% decline in revenue to RMB41.4 million for the six months ended June 30, 2025, compared to RMB46.1 million in 2024. The company narrowed its net loss to RMB2.2 million from RMB61.7 million a year earlier, attributed to reduced administrative expenses and improved profits from associates. Despite challenges in the real estate sector, the company aims to boost sales and maintain stability. All bank loans have been repaid, but a prolonged recovery in the property market is anticipated.
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