Associated International Hotels Swings to Fiscal H1 Loss

MT Newswires Live
29 Nov 2024

Associated International Hotels (HKG:0105) made an attributable loss of HK$490.9 million for the six months ended Sept. 30, compared with an attributable profit of HK$457.1 million in the year-ago period, a Thursday bourse filing said.

Loss per share in the interim period was HK$1.36, whereas the company made earnings per share of HK$1.27 a year prior.

The property manager's revenue rose to HK$151.7 million in the first fiscal half from HK$147.1 million in the corresponding period of the last fiscal year.

The company has declared an interim dividend of HK$0.16 per share, payable Jan. 8, 2025, to shareholders of record on Dec. 18, 2024.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10