KAI YUAN HLDGS issues a profit warning, expecting a mid-term loss attributable to shareholders of no less than approximately HKD 99.96 million
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KAI YUAN HLDGS issued a profit warning, expecting a loss attributable to shareholders of no less than HKD 99.96 million for the six months ending June 30, 2025, compared to a profit of approximately HKD 7.93 million for the same period in 2024. The reasons for the loss include reduced revenue due to the closure of certain areas of the Paris Marriott Hotel, increased loan impairment provisions related to joint ventures, rising financing costs, and decreased other income
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