Langham Hospitality Investments (HKG:1270) booked HK$142.3 million in attributable loss for the half ended June 30, compared with HK$43 million in profit in the year-ago period, according to a Hong Kong bourse filing Tuesday.
Shares of the hotel operator fell 10% in morning trade Wednesday.
Loss per share was HK$0.04, compared with earnings of HK$0.01 per share in the prior year.
Revenue for the period fell 3% year over year to HK$184.8 million.
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