CEN PLAZA HOTEL issues a profit warning, expecting an annual after-tax profit of no less than HKD 7 million, turning a profit compared to the same period last year
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CEN PLAZA HOTEL expects that the annual profit after tax for the year ending March 31, 2025, will not be less than HKD 7 million, turning a profit from a loss, while the loss for the same period in 2024 was approximately HKD 20.5 million. This growth is mainly due to the sale of loss-making subsidiaries and reaching a waiver agreement with the holders of promissory notes, thereby relieving related liabilities and debts
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