HARBOUR CENTRE reports first-half loss of HK$82 million, narrowing sharply by 58.79%

Stock News
Aug 04

HARBOUR CENTRE (00051) has released its interim results for the six months ended June 30, 2026, reporting revenue of HK$705 million, an increase of 7.8% year-on-year. The company recorded a loss attributable to shareholders of HK$82 million, a significant reduction of 58.79% compared to the prior period, with a loss per share of HK$0.12.

Continued tourism demand in the region, coupled with a series of major local events, is expected to sustain a steady recovery in Hong Kong's hotel and tourism sector through the second half of 2026. However, developments in the global economy and geopolitical landscape may impact consumer confidence and spending patterns, leaving the overall operating environment highly sensitive to external uncertainties.

In mainland China, domestic travel demand is growing steadily, offering a promising market outlook. Yet, while basic demand remains stable, increased price sensitivity among travelers, coupled with new hotel supply and intense competition, is likely to continue pressuring room rates and profitability.

In response to these conditions, the group will continue to focus on rigorously executing its core strategies, including enhancing operational efficiency, raising service standards, and actively managing its asset portfolio. Targeted initiatives are being advanced to strengthen market position and seize new opportunities.

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