Far East Hotels ("fe hotels") issued a profit warning on June 14, 2024, and predicted a net loss of about HKD33 million for the year ending March 31, 2024, compared to a net loss of HKD8 million for the same period in 2023, a significant increase in losses. The increase is mainly due to a significant decrease in the fair value of investment properties in Hong Kong, as well as an increase in legal and professional fees related to Beijing serviced properties and the Jiuhua project. fe hotels pointed out that these figures are only preliminary assessments and will be further reviewed by independent auditors. The Company will announce detailed full-year performance before the end of June 2024 and remind shareholders and potential investors to be cautious when trading shares.

Far East Hotels ("fe hotels") issued a profit warning on June 14, 2024, and predicted a net loss of about HKD33 million for the year ending March 31, 2024, compared to a net loss of HKD8 million for the same period in 2023, a significant increase in losses. The increase is mainly due to a significant decrease in the fair value of investment properties in Hong Kong, as well as an increase in legal and professional fees related to Beijing serviced properties and the Jiuhua project. fe hotels pointed out that these figures are only preliminary assessments and will be further reviewed by independent auditors. The Company will announce detailed full-year performance before the end of June 2024 and remind shareholders and potential investors to be cautious when trading shares.