Business
Century City International Holdings: Net loss rose to HK$1,025.6 million as property sales lagged and finance costs stayed high
Century City International Holdings: Net loss rose to HK$1,025.6 million as property sales lagged and finance costs stayed high
About this update from Century City International Holdings Limited
Net loss attributable to shareholders widened to HK$1,025.6 million in 2024, driven by weak property sales, high finance costs, and significant depreciation, despite steady hotel operations. Gearing increased to 49.7%, and no dividends were declared. Outlook remains cautious amid gradual market recovery.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
View stock analysis, news, and events for Century City International Holdings Limited