Magnificent Hotel Investments Limited

201 HK0201008726

Hotels, Motels & Cruise Lines

Market Closed - Hong Kong S.E. Other stock markets 04:08:20 2024-04-26 am EDT			5-day change	1st Jan Change
0.075 ^HKD	0.00%		+7.14%	-12.79%

Mar. 15	Magnificent Hotel Logs Significant Profit Drop for 2023	MT
Mar. 15	Magnificent Hotel Investments Limited Reports Earnings Results for the Full Year Ended December 31, 2023	CI

Magnificent Hotel Investments Limited Reports Earnings Results for the Half Year Ended June 30, 2023

August 18, 2023 at 10:32 am EDT

Magnificent Hotel Investments Limited reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was HKD 177.91 million compared to HKD 275.36 million a year ago. Revenue was HKD 177.95 million compared to HKD 275.4 million a year ago.

Net loss was HKD 17.92 million compared to net income of HKD 105.96 million a year ago. Basic loss per share from continuing operations was HKD 0.002 compared to basic earnings per share from continuing operations of HKD 0.0118 a year ago.

Latest news about Magnificent Hotel Investments Limited

Magnificent Hotel Logs Significant Profit Drop for 2023	Mar. 15	MT
Magnificent Hotel Investments Limited Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 15	CI
Magnificent Hotel Investments, Shun Ho Property Investments, Shun Ho Holdings Foresee Lower 2023 Profit	Mar. 14	MT
Magnificent Hotel Investments Limited Provides Earnings Guidance for the Financial Year Ended 31 December 2023	Mar. 13	CI
Magnificent Hotel Investments Swings to Loss in H1	23-08-21	MT
Magnificent Hotel Investments Limited Reports Earnings Results for the Half Year Ended June 30, 2023	23-08-18	CI
Magnificent Hotel Investments Limited Provides Earnings Guidance for Six Months Ended 30 June 2023	23-08-11	CI
Magnificent Hotel Investments' Profit Skyrockets 804% in 2022	23-03-20	MT
Magnificent Hotel Investments Limited Reports Earnings Results for the Full Year Ended December 31, 2022	23-03-17	CI
Magnificent Hotel, Shun Ho Property, Shun Ho Holdings to Post Higher 2022 Profit	23-03-10	MT
Magnificent Hotel Investments Limited Provides Earnings Guidance for the Financial Year Ended 31 December 2022	23-03-10	CI
Magnificent Hotel Investments Reports $13.5 Million H1 Profit	22-09-27	MT
Magnificent Hotel Investments Limited Reports Earnings Results for the Half Year Ended June 30, 2022	22-08-29	CI
Magnificent Hotel Investments Limited Provides Earnings Guidance for the Six Months Ended 30 June 2022	22-08-19	CI
Magnificent Hotel Investments Limited Reports Earnings Results for the Full Year Ended December 31, 2021	22-03-18	CI
Magnificent Hotel, Shun Ho Property, Shun Ho Holdings to Return to Profitability in 2021	22-03-16	MT
Shun Ho Property Investments Limited, Magnificent Hotel Investments Limited and Shun Ho Holdings Limited Provide Consolidated Earnings Guidance for the Year Ended December 31, 2021	22-03-15	CI
Magnificent Hotel Investments Limited Reports Earnings Results for the Half Year Ended June 30, 2021	21-08-20	CI
Magnificent Hotel Investments Limited Provides Unaudited Consolidated Earnings Guidance for the Six Months Ended June 30, 2021	21-08-06	CI
Magnificent Hotel Investments Limited, Shun Ho Property Investments Limited and Shun Ho Holdings Limited Appoint Warren Liu Yuk Cho as Independent Non-Executive Director and Member of the Audit Committee	21-07-20	CI
Magnificent Hotel Investments Limited, Shun Ho Property Investments Limited and Shun Ho Holdings Limited Announce Board and Committee Changes	21-07-08	CI
Magnificent Hotel Investments : Unit to Sell 25% Stake, Shareholder Loan of Property Holder for Nearly $2 Million	21-05-07	MT
Magnificent Hotel Investments Limited Reports Earnings Results for the Full Year Ended December 31, 2020	21-03-19	CI
Magnificent Hotel Investments : Shun Ho Property, Shun Ho Holdings Warn of Swing to Loss in 2020	21-03-08	MT
Magnificent Hotel Investments Limited, Shun Ho Property Investments Limited and Shun Ho Holdings Limited Provides Unaudited Consolidated Earnings Guidance for the Year Ended December 31, 2020	21-03-05	CI

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Company Profile

MAGNIFICENT HOTEL INVESTMENTS LIMITED is a Hong Kong-based investment holding company principally engaged in hotel businesses. It operates through four segments. Hospitality Services segment is engaged in the operation of Ramada Hotel Kowloon, Best Western Plus Hotel Hong Kong, Best Western Hotel Taipa, Macau, Magnificent International Hotel, Shanghai, Best Western Hotel Causeway Bay, Best Western Hotel Harbour View, Best Western Grand Hotel and Grand City Hotel. Property Investment segment is engaged in shops investment. Securities Investment segment is engaged in securities investment. Hotel Properties segment is engaged in the development of hotel properties.

Sector

Hotels, Motels & Cruise Lines

Calendar

2024-08-20 - Q2 2024 Earnings Release (Projected)

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Sector Hotels & Motels

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