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SINO HOTELS(01221)公布年度业绩 股东应占溢利6430.5万港元 同比扭亏为盈

SINO HOTELS (01221) announced its annual performance with a attributable net profit of HKD 64.305 million, reversing the loss from the previous year.

Zhitong Finance ·  Aug 27 17:28

SINO HOTELS (01221) announced its financial performance for the fiscal year ending June 30, 2024, ...

According to the SINO HOTELS (01221) announcement, the financial performance for the fiscal year ending June 30, 2024, shows a revenue of approximately HKD 0.134 billion, a decrease of 1.95% year-on-year; the company's shareholders' net profit is HKD 64.305 million, compared to a loss of HKD 19.487 million in the same period last year; earnings per share is HKD 0.0562, with a proposed final dividend of HKD 0.015 per share.

Benefiting from the continuous growth of visitors to Hong Kong since the beginning of 2023, as well as the effective activities launched by the Hong Kong Special Administrative Region government to revitalize the tourism industry, there has been a clear recovery in social and economic activities, and the performance of the three hotels has improved compared to last year. Although the hotel operations have improved in this fiscal year, there is an unrealized loss of HKD 40.9 million in fair value changes in financial instruments during the year. This long-term investment is a company engaged in real estate investment trust business in mainland China, and its shares are listed on the main board of the Stock Exchange of Hong Kong. Excluding this project, the group's shareholders' net profit for this fiscal year is HKD 0.1052 billion.

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