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Regal Hotels International Holdings Limited ( (HK:0078) ) has issued an announcement.
Regal Hotels International Holdings Limited announced an expected consolidated loss of approximately HK$678 million for the first half of 2025, a significant improvement from the HK$1,599.2 million loss in the same period of 2024. This reduction in loss is attributed to a fair value gain on financial assets and lower finance costs due to a drop in the Hong Kong Interbank Offered Rates. Despite the improvement, depreciation charges on hotel properties continue to impact financial results negatively, although they do not affect cash flow. The company’s interim results will be finalized and announced on August 27, 2025.
More about Regal Hotels International Holdings Limited
Regal Hotels International Holdings Limited operates in the hospitality industry, focusing on owning and managing hotel properties primarily in Hong Kong. The company is involved in providing accommodation and related services through its subsidiaries.
Average Trading Volume: 1,317,265
Technical Sentiment Signal: Sell
Current Market Cap: HK$494.3M
Learn more about 0078 stock on TipRanks’ Stock Analysis page.