SHIN HWA WORLD (00582) Reports Interim Results with Net Loss of HK$244 Million, Expanding 5.6% Year-on-Year
Stock News
Aug 28
SHIN HWA WORLD (00582) announced its interim results for 2025, reporting revenue of HK$410 million, down 21.8% year-on-year, and a net loss of HK$244 million, which expanded by 5.6% compared to the same period last year. The increase in comprehensive loss during the period was primarily attributed to property price pressures and weakened customer spending during the period, leading to a decline in comprehensive revenue, particularly from the group's integrated resort and gaming business operations, as well as a decrease in the fair value of investment properties compared to the same period in 2024.
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