No Data
METROPOLIS CAP: 2024 Annual Report
Express News | Metropolis Capital Holdings FY Pretax Profit RMB -10.2 Million
Express News | Metropolis Capital Holdings FY Revenue RMB 52.2 Million
METROPOLIS CAP: ANNOUNCEMENT OF ANNUAL RESULTSFOR THE YEAR ENDED 31 DECEMBER 2024
METROPOLIS CAP (08621.HK) profit warning: expected pre-tax losses to increase by approximately 400% in 2024.
On March 20, Glory Finance reported that METROPOLIS CAP (08621.HK) announced that compared to RMB 2 million for the year ending December 31, 2023, the group expects to record an increase of about 400% in pre-tax losses for the fiscal year 2024. The increase in pre-tax losses is mainly due to (i) a provision for losses on receivables generated from finance lease receivables and sale-leaseback arrangements of about RMB 7.1 million for the fiscal year 2024, while the provision for losses on lease receivables was about RMB 10.4 million in the fiscal year 2023; (ii) a provision for losses on financial guarantee contract liabilities of about RMB.
Express News | Metropolis Capital - Increase in Loss Due to Recognition of Loss Allowances and Operating Expenses in FY, Others