Brief: Million Cities Holdings Ltd Expects Profit For Hy To Decrease By Approximately 70-80%
Aug 15 (Reuters) - Million Cities Holdings Ltd 2892.HK :
* EXPECTED THAT PROFIT FOR 2022 INTERIM PERIOD WILL DECREASE
BY
APPROXIMATELY 70-80%
* EXPECTED PROFIT DUE TO DECREASE IN REVENUE FROM SALE OF
PROPERTIES, AMONG OTHERS
* SEES REVENUE FROM SALE OF PROPERTIES TO DIP BY 80-90%
DURING
2022 INTERIM PERIOD
Source text for Eikon: ID:
Further company coverage: 2892.HK
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Million Cities Holdings
See all newsBrief: Million Cities Expects Profit After Tax Of Rmb2-10 Million For HY
Brief: Million Cities Logs FY Revenue RMB 63.9 Mln
Brief: Million Cities Expects FY2025 Loss Attributable Of RMB15.0 Million-RMB21.0 Million
Brief: Million Cities Says Union Mark To Borrow RMB500 Million Loan Facility
Brief: Million Cities Says Wong Ting Chung Sbs, Jp Appointed As CEO