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Regal Hotels International Holdings Limited ( (HK:0078) ) has shared an update.
Regal Hotels International Holdings Limited reported a significant reduction in losses for the first half of 2025, with a consolidated loss attributable to shareholders of HK$677.6 million compared to HK$1,599.2 million in the same period of 2024. This improvement was largely due to a reversal of fair value losses on financial assets, primarily related to Cosmopolitan International Holdings Limited, and reduced finance costs following a drop in the Hong Kong Interbank Offered Rates. The company’s operating profit before interest, taxation, depreciation, and amortization reached HK$85.4 million, reversing a loss from the previous year. The Regala Skycity Hotel showed steady business performance with improved occupancy and RevPAR, and its operational performance is expected to enhance further with the opening of the second airport terminal.
More about Regal Hotels International Holdings Limited
Regal Hotels International Holdings Limited operates in the hospitality industry, focusing on hotel management and ownership. The company is known for its hotel properties, including the Regala Skycity Hotel at the Hong Kong International Airport, and is involved in managing and developing hospitality services in Hong Kong and other regions.
Average Trading Volume: 1,282,321
Technical Sentiment Signal: Sell
Current Market Cap: HK$476.4M
See more data about 0078 stock on TipRanks’ Stock Analysis page.