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metropolis cap (08621) has entered into a factoring agreement with Shanghai Beifeitong Auto Rental.
Metropolis cap (08621) announced that on September 25, 2024 (trade...
Express News | Metropolis Capital - Unit Agreed to Provide Accounts Receivable Factoring Facility to Shanghai Beifeitong Car Rental of up to RMB7.0 Mln
METROPOLIS CAP: 2024 Interim Report
Express News | Metropolis Capital Holdings H1 Revenue RMB 30.6 Million
METROPOLIS CAP: ANNOUNCEMENT OF INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2024
Metropolis cap (08621.HK) warns of profit decline: expected to decrease by about 50% year-on-year before tax in the midterm.
METROPOLIS CAP (08621.HK) announced that based on the unaudited comprehensive management accounts and current available information of the board of directors as of June 30, 2024, the group expects a decrease of approximately 50% in pre-tax surplus during the reporting period compared to the corresponding period, except for pre-tax surplus of about RMB 10.8 million. The decrease is mainly due to (i) the reversal of losses on lease receivables generated by the repayment of lease receivables and post-sale lease arrangements recorded in the corresponding period (referred to as "lease receivables") that were provisioned for losses.
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