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Century City International (00355) estimates that the consolidated loss due to shareholders in the interim is approximately HK$136 million

Zhitongcaijing·08/20/2026 13:01:04
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According to the Zhitong Finance App, Century City International (00355) announced that it is expected that the Group will obtain a comprehensive loss attributable to shareholders of approximately HK$136 million during the mid-term period of 2026, compared with a loss of HK$382.7 million in the same six months of 2025.

During the mid-2026 period, revenue from the Group's property business carried out by Paliburg Holdings Limited (Paliburg Holdings Limited, the company's main listed subsidiary) and revenue from the hotel business through Regal Hotels International Holdings Limited (Regal Hotels International Holdings Limited) (a listed subsidiary held by Bailey Insurance) all increased, while financing costs were reduced due to falling interest rates. Furthermore, the Group realized approximately HK$610 million in revenue during the mid-2026 period due to the beneficial sale of Regal Oriental Hotels previously owned by Regal Industrial Trust (a listed subsidiary of Regal). The sale was completed in April 2026.

As a result, although the afforestation project of Cosmopolitan International Holdings Limited (which also maintains another listed subsidiary through Bailey) in Xinjiang, mainland China, was affected by recent changes in circumstances and caused impairment losses, it is expected that the comprehensive loss attributable to the Group's shareholders will be drastically reduced from HK$382.7 million in the first half of 2025 to approximately HK$136 million in the mid-2026 period.