SHUNHO HOLDINGS (00253) expects the company's owners to enjoy a 26% increase in net profit after tax, excluding revaluations and non-cash depreciation, by the year 2025.
Shun Ho Holdings (00253) announced that for the fiscal year 2025, the projected net profit attributable to owners excluding tax and excluding reassessment and non-cash depreciation is HK$90 million, an increase of HK$19 million (+26%) compared to the fiscal year 2024. This growth is mainly attributed to (i) increased hotel revenue; (ii) reduced hotel operating costs; and (iii) reduced financial costs. Including property reassessment and non-cash depreciation, the net loss decreased compared to the fiscal year 2024, mainly due to lower property reassessment and non-cash depreciation.
SHUNHO HOLDINGS (00253) announced that the estimated net profit after tax for the fiscal year 2025, excluding property revaluation and non-cash depreciation, is HKD 90 million, an increase of HKD 19 million (+26%) compared to the fiscal year 2024. This growth is mainly attributed to (i) increased hotel revenue; (ii) reduced hotel operating costs; and (iii) decreased financial costs. Including property revaluation and non-cash depreciation, the net loss is reduced compared to the fiscal year 2024, mainly due to the decrease in property revaluation and non-cash depreciation.
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