KAI YUAN HLDGS announced its interim results, reporting a net loss of HKD 99.956 million, turning from profit to loss year-on-year

Zhitong
2025.08.29 11:06
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KAI YUAN HLDGS announced its interim results for 2025, with revenue of HKD 74.662 million, a year-on-year decrease of 48.08%; a net loss of HKD 99.956 million, turning from profit to loss year-on-year, with a loss per share of HKD 0.078. The reasons for the loss include reduced income due to partial closure for renovation of the Paris Marriott Hotel, impairment provisions for loans to joint ventures, rising financing costs, and declining bank deposit interest rates