Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
An announcement from Kai Yuan Holdings Limited ( (HK:1215) ) is now available.
Kai Yuan Holdings Limited has issued a profit warning, indicating an expected loss of at least HK$99.96 million for the first half of 2025, compared to a profit of HK$7.93 million in the same period of 2024. The loss is attributed to a gross loss from hotel operations due to partial closure for renovations, impairment provisions on a loan to an associate, increased finance costs from a renewed bank loan, and decreased other income due to lower bank deposit interest rates.
More about Kai Yuan Holdings Limited
Kai Yuan Holdings Limited is a company incorporated in Bermuda, primarily engaged in the hotel operation industry. The company operates the Paris Marriott Hotel Champs-Elysees, focusing on providing hospitality services.
Average Trading Volume: 2,778,807
Technical Sentiment Signal: Buy
Current Market Cap: HK$191.7M
For an in-depth examination of 1215 stock, go to TipRanks’ Overview page.