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An update from Century City International Holdings Limited ( (HK:0355) ) is now available.
Century City International Holdings Limited announced an expected consolidated loss of approximately HK$383 million for the first half of 2025, a slight improvement from the HK$422.6 million loss in the same period of 2024. The company attributes the loss to sluggish real estate market conditions affecting its property segment, while its hotel business continues to perform steadily. Despite a gross profit of HK$403 million, the company faces an operating loss due to fair value losses and impairment on properties, alongside significant depreciation charges that impact financial results but not cash flow.
More about Century City International Holdings Limited
Century City International Holdings Limited operates primarily in the properties and hotels sectors, with its property business focused in Hong Kong and Mainland China. The company’s hotel operations are managed through its subsidiary, Regal Hotels International Holdings Limited.
Average Trading Volume: 17,996,007
Technical Sentiment Signal: Sell
Current Market Cap: HK$204.1M
See more insights into 0355 stock on TipRanks’ Stock Analysis page.