Grondoll October 10th | lai sun int'l (00191.HK) announced that the company expects the comprehensive loss attributable to owners of the company for the year ended July 31, 2024 to be approximately HK$2,060,000,000 to HK$2,280,000,000, compared to a net loss of approximately HK$1,665,000,000 in the previous year.

The main reasons for the increase in loss are (i) the fair value decrease of investment properties directly owned by the group; and (ii) the increase in losses of equity-accounted investees held by lai sun dev limited and its subsidiaries.