Hongkong and Shanghai Hotels Swings to Loss in 2024

MT Newswires Live

2025/03/31

The Hongkong and Shanghai Hotels (HKG:0045) swung to an attributable loss of HK$943 million in 2024 from HK$146 million in 2023, according to a Monday filing with the Hong Kong bourse.

The hotel operator posted a loss per share of HK$0.57, versus earnings per share of HK$0.09 in the previous year.

Revenue grew 26% to HK$11 billion from HK$8.70 billion a year earlier, the filing said.

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