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02 May 2025
Metro Holdings Ltd Forecasts FY2025 Loss Driven by Non-Cash Items and China Property Headwinds
Summary:
- Metro Holdings Limited anticipates reporting a loss attributable to shareholders for the financial year ended 31 March 2025.
- The expected loss is largely attributed to non-cash items, including fair value losses on investment properties and impairment losses on development properties and underlying investments.
- Operating results from the Group's associates and joint ventures also contributed to the anticipated loss.
- The ongoing challenges in the China property sector are highlighted as a significant contributing factor to these losses.
- Despite the expected loss, its largely non-cash nature is not projected to materially affect the Group’s operational cash flows or corporate funding requirements.