Excellence Commercial Property & Facilities Management Profit Slumps on Impairments and Business Disposal
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Excellence Commercial Property & Facilities Management Group Limited (HK:6989) reported a 4.1% revenue decline to RMB4.02 billion and a 64% drop in net profit to RMB121 million for the year ending December 31, 2025. The decrease is attributed to higher impairment charges and the sale of its financial services subsidiary, which negatively impacted overall performance. The latest analyst rating for the stock is a Hold with a price target of HK$0.83. The company's market cap stands at HK$890.9 million.
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