Brief: Associated International Hotels Sees HY Loss Before Taxation Of About HK$331 Mln

Associated International Hotels

21/10/2019 13:27

Oct 21 (Reuters) - Associated International Hotels Ltd
 0105.HK :
    * EXPECTED THAT TTLL INTERIM RESULTS AND AIHL INTERIM
RESULTS WILL
BOTH RECORD A LOSS BEFORE TAXATION FOR SIX MONTHS
    * EXPECTED THERE WILL BE SLIGHT DECREASE IN RESULTS FROM
NORMAL
BUSINESS OPERATIONS OF TTLL GROUP & AIHL GROUP FOR 6 MONTHS
    * EXPECTED RESULT DUE TO INCREASE IN NET VALUATION LOSSES IN
RESPECT OF THEIR INVESTMENT PROPERTIES
    * EXPECTED AIHL GROUP WILL RECORD A LOSS BEFORE TAXATION OF
ABOUT
HK$331 MILLION FOR SIX MONTHS
    * EXPECTED THAT TTLL GROUP WILL RECORD A LOSS BEFORE
TAXATION OF
APPROXIMATELY HK$333 MILLION FOR 6 MONTHS

Source text for Eikon:  ID:nHKS3rpk3K 
Further company coverage:  0105.HK 

 ((Reuters.Briefs@thomsonreuters.com;))