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Paliburg Holdings: Loss widened to HK$676.3M in H1 2024; hotel segment grew, but property sales and finance costs weighed
Paliburg Holdings: Loss widened to HK$676.3M in H1 2024; hotel segment grew, but property sales and finance costs weighed

About this update from Paliburg Holdings Limited
H1 2024 saw a widened consolidated loss of HK$676.3 million, driven by lower property sales, higher finance costs, and increased taxation, despite strong hotel segment growth. The group is focusing on asset disposals and expects improved conditions as interest rates ease and government support continues.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
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