Million Cities Holdings Reports Improved Profit Margins Amid Revenue Decline

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2025.08.25 10:39
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Million Cities Holdings Ltd. reported a 10.2% revenue decline for the six months ending June 30, 2025, but improved gross profit by 11.5%, leading to a 96.4% decrease in loss attributable to equity shareholders. This reflects better financial management and operational efficiency, indicating a positive shift in financial health. The latest analyst rating for the stock (HK:2892) is a Hold with a price target of HK$0.50. The company operates in the real estate sector and is listed on the Hong Kong Stock Exchange.