Henderson Investment (HKG:0097) expects a loss attributable to the equity shareholders of about HK$125 million for 2024, compared with HK$72 million for the corresponding period of the previous year, according to a Thursday filing with the Hong Kong Bourse.

The company attributed the increase in loss to the accounting impacts of shop lease agreements being renewed at the same time and the negative impacts of the continuing increase in outbound travel, cross-border consumption, and shopping.

The department store business plans to publish its annual results in March.

The company's shares were down almost 2% in the recent trading.