LANGHAM-SS released its interim results, with a loss attributable to shareholders of approximately HKD 142 million, turning from profit to loss year-on-year
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LANGHAM-SS released its interim results for the period ending June 30, 2025, reporting a loss attributable to shareholders of approximately HKD 142 million, a shift from profit to loss year-on-year. The hotel portfolio revenue was approximately HKD 738 million, a decrease of 4.58% year-on-year; net property income was approximately HKD 174 million, a decrease of 3.87% year-on-year. Distributable income was approximately HKD 28 million, a decrease of about 17.65% year-on-year. The loss was primarily due to a decline in the valuation of the hotel investment portfolio and fair value losses on investment properties
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