Century City International Holdings Limited (HK:0355) has released an update.
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Century City International Holdings Limited warns of a significant net loss of HK$423 million for the first half of 2024, a stark increase from the previous year’s loss. The group’s property sales suffered due to a real estate market downturn, although its hotel business saw a 60% growth in operating profits. The company urges shareholders and potential investors to exercise caution when dealing in the company’s shares.
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