CONTINENTAL H (00513) is expected to incur a loss of no less than HK$180 million for the year.

, CONTINENTAL H (00513) announced that the group is expecting a loss of no less than HK$180 million for the financial year ending on June 30, 2024, compared to a loss of approximately HK$115.4 million for the financial year ending on June 30, 2023. Despite the reversal of impairment losses on mining rights, the expected increase in loss is primarily due to reduced revenue; net loss on disposal of properties held for sale and unrealized fair value losses on investment properties; increased financial costs; and impairment losses on goodwill, intangible assets, and right-of-use assets.