Paliburg Holdings LimitedHKEX: 617

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

· Issued by 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.

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