Paliburg Holdings LimitedHKEX: 617

Paliburg Holdings: Net loss deepened to HK$1,643.4 million amid weak property sales and high finance costs

· Issued by Paliburg Holdings Limited

Net loss attributable to shareholders widened to HK$1,643.4 million in 2024, driven by weak property sales, high finance costs, and fair value losses, despite steady hotel operations. The group remains optimistic about long-term recovery in Hong Kong and China, focusing on liquidity and asset disposals.

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