MAGNIFICENT released its interim results, with a loss attributable to shareholders of HKD 15.198 million, a year-on-year narrowing of 53.03%
MAGNIFICENT announced its interim results for the period ending June 30, 2025, reporting total revenue of HKD 257 million, a year-on-year increase of 5.19%. The loss attributable to shareholders was HKD 15.198 million, a year-on-year narrowing of 53.03%. The basic loss per share was HKD 0.17. The group currently owns eight hotels, operates seven, and leases one hotel located in London, with hotel operating revenue increasing by 3% to HKD 231 million
According to the Zhitong Finance APP, MAGNIFICENT (00201) announced its interim results for the six months ending June 30, 2025, with total revenue of HKD 257 million, an increase of 5.19% year-on-year; the loss attributable to shareholders was HKD 15.198 million, a year-on-year narrowing of 53.03%; basic loss per share was HKD 0.017.
The announcement stated that the group currently owns eight hotels, operates seven hotels, and leases one hotel located in London. Revenue from operating hotels increased by 3% to HKD 231 million
