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Far East Hotels & Entertainment Ltd. ( (HK:0037) ) has provided an announcement.
Far East Hotels and Entertainment Limited reported its audited financial results for the year ending March 31, 2025, revealing a significant loss. The company’s revenue from continuing operations decreased, leading to a gross profit decline. Despite other gains, the net decrease in fair values of investment properties and high administrative expenses contributed to a substantial loss before tax. The total comprehensive expense for the year increased compared to the previous year, impacting stakeholders and highlighting challenges in the company’s operational and financial performance.
More about Far East Hotels & Entertainment Ltd.
Far East Hotels and Entertainment Limited is a company incorporated in Hong Kong, operating in the hospitality and entertainment industry. It focuses on providing hotel accommodations and entertainment services, catering to both local and international markets.
Average Trading Volume: 610,541
Technical Sentiment Signal: Sell
Current Market Cap: HK$391.3M
For an in-depth examination of 0037 stock, go to TipRanks’ Overview page.