Tang Palace Flags H1 Loss; Shares Fall 3%

MT Newswires Live

08/11

Tang Palace (China) (HKG:1181) expects to post a loss for the first half of 2025, according to a Hong Kong bourse filing Friday.

Shares of the restaurant operator fell nearly 3% in recent Monday trade.

The company expects to post 15 million yuan to 20 million yuan in attributable loss for the six months ended June 30, compared to a profit of 3.4 million yuan in the year-ago period.

Tang Palace's financial results are due by the end of August.

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