--- title: "FE HOTELS issued a profit warning, expecting an annual net loss of approximately HKD 33 million to HKD 37 million" type: "News" locale: "en" url: "https://longbridge.com/en/news/244442196.md" description: "FE HOTELS issued a profit warning, expecting an annual net loss of approximately HKD 33 million to HKD 37 million for the year ending March 31, 2025, an increase compared to HKD 33 million for the same period in 2024. The main reasons include a decline in hotel business in Hong Kong and rental income from serviced properties in mainland China, as well as a decrease in the fair value of investment properties" datetime: "2025-06-13T11:41:04.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/244442196.md) - [en](https://longbridge.com/en/news/244442196.md) - [zh-HK](https://longbridge.com/zh-HK/news/244442196.md) --- # FE HOTELS issued a profit warning, expecting an annual net loss of approximately HKD 33 million to HKD 37 million According to the announcement from FE HOTELS (00037), the group expects to incur a net loss of approximately HKD 33 million to HKD 37 million for the fiscal year ending March 31, 2025, compared to a net loss of approximately HKD 33 million for the fiscal year ending March 31, 2024. The anticipated net loss for the current year compared to the above is mainly attributed to (i) a decline in hotel operations in Hong Kong and rental income from serviced properties in mainland China; and (ii) a decrease in the fair value of the group's investment properties ### Related Stocks - [00037.HK](https://longbridge.com/en/quote/00037.HK.md) ## Related News & Research - [Before big box retailers: The rise and fall of America’s general store](https://longbridge.com/en/news/286745251.md) - [2 grocery items have risen the most in price as affordability crisis surges](https://longbridge.com/en/news/286814990.md) - [14:47 ET6th Annual Midwest Design Awards Entry Period Now Open](https://longbridge.com/en/news/286808240.md) - [Shenzhen Investment Boosts Traffic and Sales as Flagship Projects Win Top Honors](https://longbridge.com/en/news/286715364.md) - [China Travel International Expands Tourism Footprint with New Resorts and Qinghai Joint Venture](https://longbridge.com/en/news/286671362.md)