FE Hotels (00037.HK) issued a profit warning, and the expected loss for the fiscal year ending in March is approximately 33 million yuan, compared with a loss of 8 million yuan in the previous year. The decrease in fair value of investment properties in Hong Kong and the increase in legal and professional fees related to Beijing serviced properties and Jiuhua Jing projects are the reasons for the loss.
《盈警》遠東酒店實業(00037.HK)估計全年虧損擴至3,300萬元
Fe Hotels (00037.HK) is estimated to expand its annual loss to 33 million yuan in 'Ying Jing'.
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