Hong Kong's Century City interim revenue rises 29%, loss narrows

Century City International Holdings

26/08/2026 15:39

Overview
Hong Kong property and hotel group's interim revenue rose 29% yr/yr
Net loss attributable to shareholders narrowed sharply from prior year
Results aided by hotel sale gain and lower finance costs, offset by depreciation and impairments

Outlook
Century City says it aims for sustainable growth across its group companies
Company has no immediate plans for major acquisitions or capital asset purchases

Result Drivers
HOTEL SALE GAIN - Co realised HK$610.1 mln gain from sale of Regal Oriental Hotel in April 2026
HIGHER PROPERTY AND HOTEL REVENUE - Revenue from property business and hotel operations increased
DEPRECIATION AND IMPAIRMENTS - Depreciation on hotel properties and impairment loss on Xinjiang project weighed on results

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
HK$1.53 bln
 
H1 Net Loss Attributable
 
HK$135.50 mln
 

Reuters Recommended Reads
Aug 25 - Hong Kong's Keck Seng H1 revenue rises 20% on hotel recovery
Aug 26 - Hong Kong's Allied Group H1 revenue drops 64% on fewer property handovers
Aug 26 - Hong Kong's China Overseas Land H1 revenue rises on commercial operations growth

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)