CHINA STAR ENT Issues Profit Warning, Anticipates HK$400-480 Million Loss for 2025 Fiscal Year

Stock News
03/26

CHINA STAR ENT (00326) announced that the group expects a net loss attributable to shareholders for the fiscal year ending December 31, 2025, to be in the range of HK$400 million to HK$480 million. This compares to a net loss attributable to shareholders of HK$351.9 million for the 2024 fiscal year. The significant increase in loss is primarily due to a substantial rise in the write-down of property inventory to approximately HK$308 million in 2025, up from HK$28.481 million in 2024, a result of declining property prices in Macau, China.

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