SAI Leisure's Losses Forecast to Shrink 17% in 2024

MT Newswires Live
10 Mar

SAI Leisure Group (HKG:1832) expects an attributable loss of around $19 million for the year 2024, down 17% from $23 million a year prior, a March 7 filing with the Hong Kong bourse said.

The tour operator attributed the anticipated shrinking of loss mainly to a 16% increase in revenue, which is due to a rise in occupancy rates and average room rates of its hotels and resorts.

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