Rich Goldman (HKG:0070) expects a loss of around HK$61 million for the six months ended Dec. 31, 2024, wider than HK$18 million a year prior, a Feb. 21 filing with the Hong Kong bourse said.

The hotel operator attributed the anticipated widening of loss mainly to an impairment loss on properties its holds, a rise in the fair value loss on its investment properties, and a higher provision for the impairment and write-off of loans and interest receivables.