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201 - Magnificent Hotel Investments News Story

HK$0.122 0.0  0.0%

Last Trade - 12:00am

Sector
Consumer Cyclicals
Size
Small Cap
Market Cap £102.5m
Enterprise Value £129.9m
Revenue £25.9m
Position in Universe 3230th / 6218

BRIEF-Magnificent Hotel Investments Sees FY Loss Attributable About HK$200 Million

Fri 5th March, 2021 8:52am
March 5 (Reuters) - Magnificent Hotel Investments Ltd
 0201.HK :
    * MAGNIFICENT HOTEL INVESTMENTS SEES LOSS ATTRIBUTABLE FOR
YEAR
WOULD BE ABOUT HK$200 MILLION
    * MAGNIFICENT HOTEL INVESTMENTS LTD SEES  A DROP IN REVENUE
FOR
YEAR IN RANGE OF 40% - 50%
    * EXPECTED RESULT DUE TO REVALUATION REDUCTION OF FAIR VALUE
ON
INVESTMENT PROPERTIES

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS4Fhc06
Further company coverage:  0201.HK 

 (Reuters.Briefs@thomsonreuters.com)
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