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REGAL INT'L: 2024 INTERIM REPORT
Regal Hotels International Holdings' Subsidiary Agrees to Amend Terms of 2016 Loan Facility
Market Chatter: Regal REIT, Regal Hotels to Divest Six Hotels; Regal Hotels' Shares Fall 5%
REGAL INT'L (00078) plans to sell aircraft engines for $10.55 million.
REGAL INT'L (00078) announced that on August 29, 2024, the seller...
Regal Hotels International Widens H1 Loss
REGAL INT'L (00078.HK) had a half-year revenue of 0.863 billion Hong Kong dollars, a year-on-year increase of 11.2%.
On August 28, GeLongHui announced that REGAL INT'L (00078.HK) released its mid-term performance for 2024, with revenue of 0.863 billion Hong Kong dollars, an 11.2% year-on-year increase. The group recorded a shareholder's share of comprehensive loss of 1.599 billion Hong Kong dollars, compared to a loss of 0.76 billion Hong Kong dollars in the same period of 2023. The basic loss per share attributable to the parent company's shareholders was 1.84 Hong Kong dollars. During the review period, the group's operation performance in the Hong Kong hotel business remained stable, with a profit contribution from the hotel business segment (before depreciation) increasing by over 60% compared to the same period in 2023. During this 6-month period.
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