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China Travel International Investment Hong Kong ( (HK:0308) ) has issued an announcement.
China Travel International Investment Hong Kong Limited has issued a profit warning, indicating an expected loss of at least HK$70 million for the first half of 2025, compared to a profit of HK$63 million in the same period of 2024. This downturn is attributed to decreased fair values of investment properties and impairment provisions for subsidiaries, reflecting market volatility. The final results are pending and may differ from preliminary assessments, with full details to be disclosed in the upcoming interim results announcement.
More about China Travel International Investment Hong Kong
China Travel International Investment Hong Kong Limited operates in the travel and tourism industry, focusing on investment and management of travel-related businesses. The company is involved in the development and operation of tourism and leisure facilities, including resorts and hotels, primarily in Hong Kong and mainland China.
Average Trading Volume: 196,409,569
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$10.24B
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