China Travel International Investment Hong Kong Limited provided earnings guidance for the year ended 31 December 2025. for the year, the company expects to record a loss attributable to shareholders of more than HKD 250 million for the year ended 31 December 2025, as compared with the profit attributable to shareholders of HKD 106 million for the year ended 31 December 2024. The Board considers that the loss for the year ended 31 December 2025 was mainly due to the provision for impairment made by the Group in relation to the relevant assets of the tourism real estate business and equity interests in associates distributed in relation to the distribution in specie conducted in 2025, as well as the reclassification of one-time accumulated exchange differences related to the distribution in specie of the tourism real estate business, and the decrease in fair values of investment properties in line with the market fluctuations.
As at 31 December 2025, the relevant distributions in specie had been completed and the relevant assets and equity interests in associates distributed were no longer consolidated into the financial statements of the Group.
