Financial Performance - The group recorded a consolidated loss attributable to shareholders of HKD 2,597.8 million for the year ended December 31, 2024, compared to a loss of HKD 1,791.9 million in the previous fiscal year, representing an increase of 45.0%[3]. - Revenue for the year ended December 31, 2024, was HKD 1,825.8 million, an increase of 1.9% compared to HKD 1,792.2 million in 2023[64]. - Total comprehensive loss for the year was HKD 2,781.5 million, compared to HKD 1,790.8 million in the previous year[69]. - The company recorded a loss before tax of HKD 2,721.5 million for 2024, compared to a loss of HKD 1,951.1 million in 2023[64]. - The net loss attributable to equity holders of the parent company for the year ended December 31, 2024, was HKD 2,597.8 million, compared to a loss of HKD 1,791.9 million in 2023[73]. - The adjusted pre-tax loss for the group was HKD 2,721.5 million in 2024, worsening from a loss of HKD 1,951.1 million in 2023[80]. - The company reported a fair value loss on financial assets of HKD 1,080.1 million for 2024, compared to HKD 914.2 million in 2023[64]. - The group’s total liabilities included interest-bearing bank loans amounting to HKD 1,086.7 million as of December 31, 2024, compared to HKD 851.8 million in 2023, marking an increase of around 27.6%[80]. Revenue and Profitability - Hotel revenue net increased by approximately 10.1% compared to 2023, with total gross profit from operations amounting to HKD 687.8 million, up 5.4% from HKD 652.3 million in 2023[5]. - Gross profit for the same period was HKD 687.8 million, up from HKD 652.3 million, reflecting a gross margin improvement[64]. - The hotel operations and management segment generated revenue of HKD 1,717.6 million in 2024, compared to HKD 1,676.5 million in 2023, reflecting an increase of about 2.5%[80]. - The asset management segment recorded a revenue of HKD 93.1 million in 2024, up from HKD 91.1 million in 2023, indicating a growth of approximately 2.2%[80]. - The hotel operations and management services generated revenue of HKD 1,656.9 million in 2024, up from HKD 1,611.2 million in 2023, reflecting a growth of 2.8%[85]. Asset and Liability Management - As of December 31, 2024, the group's cash and bank deposits amounted to HKD 1,093.8 million, while total liabilities were HKD 14,500.6 million, resulting in a debt-to-asset ratio of 58.1%[55]. - The total asset value after deducting current liabilities was HKD 19,505.0 million, a decrease from HKD 25,938.1 million in 2023[73]. - The net asset value as of December 31, 2024, was HKD 8,214.9 million, down from HKD 11,110.5 million in 2023[73]. - The group has pledged properties and assets totaling HKD 19,871.2 million as collateral for bank loans[58]. - The total liabilities as of December 31, 2024, included interest-bearing bank loans of HKD 10,609.0 million, down from HKD 14,065.9 million in 2023[73]. Operational Highlights - The overall operating performance of the five Regal Hotels remained relatively stable, although operating revenue net decreased by approximately 2.3% due to a decline in food and beverage income[4]. - The average hotel occupancy rate in Hong Kong for 2024 was 85.0%, an increase of 3.0 percentage points from 2023, while the average room revenue (RevPAR) decreased by 0.8% due to a 4.3% drop in average room rates[10]. - The new hotel, Regal Airport Hotel, achieved a 59.1% average occupancy rate for the year, up 17.0 percentage points from 42.1% in 2023, with a 30.9% increase in average room revenue despite a 6.8% drop in average room rates[11]. - The group is currently managing three hotels in mainland China, with two located in Shanghai and one in Dezhou[19]. - The group is optimistic about the recovery of the hotel business, anticipating gradual improvement in operational performance due to local traveler demand[25]. Strategic Initiatives - The group is actively selling non-core assets to enhance liquidity in response to a challenging operating environment due to high interest rates[7]. - The group plans to sell unsold residential units from The Queens project, which has 130 units, with 81 units currently rented out, generating high rental returns[4]. - The group completed the sale of two Airbus aircraft and two engine sets in September 2024, resulting in satisfactory profits from these transactions[7]. - The group plans to initiate the sale of office units in the Tianjin project later this year due to improved market conditions[49]. - The group is planning to sell unsold residential units in The Queens project in the second quarter of this year[21]. Market Conditions - The estimated GDP growth for China in 2024 is 5.0%, while Hong Kong's real GDP growth is projected at 2.5%, slightly below the government's forecast[9]. - The total transaction volume of residential properties in Hong Kong increased by over 20% compared to 2023, although property prices continued to stabilize[20]. - The luxury residential market remains stable due to limited supply, with the government optimizing the "New Capital Investor Entry Scheme" to boost high-end market transactions[20]. - Hong Kong's tourism market is showing signs of recovery, with approximately 1,300,000 visitors during the Lunar New Year period and a total of about 4,700,000 visitors in January 2025, marking year-on-year increases of 24.0% and 25.0% respectively[25]. Governance and Compliance - The company has maintained compliance with the corporate governance code as per the Stock Exchange listing rules, with the exception of the roles of Chairman and CEO not being separated[97]. - The independent auditor has confirmed that the financial statements for the year ended December 31, 2024, align with the preliminary performance announcement[95].

香港交易及結算所有限公司及香港聯合交易所有限公司對本聯合公佈之內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示概不對因本聯合公佈全部或任何部份內容而產生或因倚賴該等內容 而引致之任何損失承擔任何責任。 (股份代號: 78) 於年度內，本集團在香港之酒店業務營運表現持續穩定，酒店收入淨額預期較二零二三 年增加約10%。本集團自經營業務之毛利總額預期約為港幣688,000,000元，較二零二三 年達到之港幣652,300,000元增加約5%。 另一方面，由於香港利率於二零二四年仍維持於相對高位，以致融資成本開支依然龐 大。此外，誠如早前所闡述，本集團自二零一五年起已於 Cosmopolitan International Holdings Limited 四海國際集團有限公司（「四海」）（富豪之同系上市附屬公司，主要在 中國從事物業業務）直接持有重大投資，以作為其核心策略資產組合之一部分。於四海 所持之投資一直列為按公平值計入損益之金融資產持有，因此該等投資之公平值變動乃 於本集團之損益表中反映。由於四海股份之市價較於二零二三年十二月三十一日當時之 價格下跌，本集團於四海所持之投資之公平值虧損約港幣 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈之內容概不負責，對其準確性或完整性 亦不發表任何聲明，並明確表示概不對因本公佈全部或任何部份內容而產生或因倚賴該等內容而引致之 任何損失承擔任何責任。 香港，二零二五年三月十四日 於本公佈刊發日期，董事會包括下列成員： 羅旭瑞先生 （主席兼行政總裁） 羅寶文女士 （副主席兼董事總經理） 梁蘇寶先生 羅俊圖先生 獨立非執行董事： 吳季楷先生 簡麗娟女士 温子偉先生 羅文鈺教授 執行董事： 非執行董事： 蔡志明博士，GBS，JP （副主席） 楊碧瑤女士，JP (股份代號：78) 董事會會議日期 Regal Hotels International Holdings Limited（「本公司」）之董事會（「董事會」）宣佈本公 司將於二零二五年三月二十八日（星期五）舉行董事會會議，藉以批准發佈本集團（包 括本公司及其附屬公司）截至二零二四年十二月三十一日止年度之全年業績及其他相關 事宜。 承董事會命 Regal Hotels International Holdings Limited 林秀芬 秘書 伍頴梅女士，JP 黃之強先生 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈之內容概不負責，對其準確性或完整性 亦不發表任何聲明，並明確表示概不對因本公佈全部或任何部份內容而產生或因倚賴該等內容而引致之 任何損失承擔任何責任。 – 1 – (股份代號：78) 於百慕達之註冊辦事處及 股份登記過戶處之變更 Regal Hotels International Holdings Limited（「本公司」）之董事會（「董事會」）公佈，自 二零二四年十二月三十日起，本公司於百慕達之註冊辦事處地址已由 4th Floor North, Cedar House, 41 Cedar Avenue, Hamilton HM 12, Bermuda 變更為： Clarendon House, 2 Church Street, Hamilton HM 11, Bermuda 董事會進一步公佈，自二零二五年一月一日起，本公司於百慕達之股份登記過戶處已由 MUFG Fund Services (Bermuda) Limited，地址為 4th Floor North, Cedar House, 41 Cedar Avenue, Hamilton HM ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈之內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示概不對因本公佈全部或任何部份內容而產生或因倚賴該等內容 而引致之任何損失承擔任何責任。 （股份代號：78） 於二零二四年十二月三十日舉行之 股東特別大會之投票表決結果 富豪董事會欣然宣佈，於二零二四年十二月三十日舉行之股東特別大會上，股東 特別大會通告內所載之普通決議案已獲富豪獨立股東以按股數投票表決方式正式 通過。 茲提述Regal Hotels International Holdings Limited（「富豪」）日期為二零二四年十二 月十日之股東特別大會通告（「股東特別大會通告」）及富豪日期為二零二四年十二月 十日之通函（「通函」）。除另有指明外，本公佈所用詞彙與通函所界定者具有相同涵 義。 富豪董事會欣然宣佈，股東特別大會通告內所載之普通決議案已於股東特別大會上 獲富豪獨立股東以按股數投票表決方式正式通過。富豪在香港之股份登記過戶分處 香港中央證券登記有限公司獲委任為股東特別大會之監票員。有關普通決議案之投 票表決結果如下： | 普通決議案 （附註） | 投票之富豪股份數目 | | ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈之內容概不負責，對其準確性或完整性 亦不發表任何聲明，並明確表示概不對因本公佈全部或任何部份內容而產生或因倚賴該等內容而引致之 任何損失承擔任何責任。 茲提述Regal Hotels International Holdings Limited（「富豪」）日期為二零二四年十二月十 日之通函，內容有關（其中包括）第二補充協議（「通函」）。除另有指明外，本公佈所 用詞彙與通函所界定者具有相同涵義。 富豪之董事會（「董事會」）公佈將於二零二四年十二月三十日（星期一）舉行富豪之股 東特別大會（「股東特別大會」），以考慮並酌情批准第二補充協議及相關事宜。該通函 （載有（其中包括）股東特別大會通告）將於二零二四年十二月十日寄發予富豪股東。 富豪股東名冊將由二零二四年十二月二十三日（星期一）至二零二四年十二月三十日（星 期一）（首尾兩天包括在內）暫停辦理富豪普通股之過戶登記手續，以確定富豪股東可 出席股東特別大會及於大會上投票之資格。 為確保可出席股東特別大會及於大會上投票之資格，所有富豪普通股過戶文件連同有關 股票，必須於二零二四年十二月二十日（星期五）下午四時三十 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈之內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示概不對因本公佈全部或任何部份內容而產生或因倚賴該等內容 而引致之任何損失承擔任何責任。 （股份代號：78） 股東特別大會通告 茲通告Regal Hotels International Holdings Limited（「本公司」）謹訂於二零二四年十二 月三十日（星期一）上午十一時三十分假座香港銅鑼灣怡和街 88號富豪香港酒店舉行股東特 別大會（「股東特別大會」），以考慮並酌情通過（在須修訂或毋須修訂之情況下）下列本公司 決議案作為普通決議案： 普通決議案 承董事會命 Regal Hotels International Holdings Limited 林秀芬 秘書 香港，二零二四年十二月十日 – 1 – 1. 「動議： (a) 在所有方面確認、批准、授權及 /或追認第二補充協議（定義見日期為二零 二四年十二月十日致本公司股東之通函（「通函」），本通告構成其一部分）（其 註有「A」字樣並經本大會主席簽署以資識別之副本已呈交本大會）之訂立、據 此擬進行之交易，以及由Long Profits（ ...

(Stock Code: 78) As a Non-registered Shareholder, if you wish to receive Corporate Communications (Note 1) and Actionable Corporate Communications (Note 2) from the Company electronically pursuant to the Listing Rules, you should liaise with your bank(s), broker(s), custodian(s), nominee(s) or HKSCC Nominees Limited through which your shares in the Company are held (collectively, the "Intermediaries") and provide your email address to your Intermediaries. If the Company does not receive your functional emai ...

(Stock Code: 78) NOTIFICATION LETTER 10th December, 2024 Dear Registered Shareholder(s), Regal Hotels International Holdings Limited (the "Company") - Notice of Publication of the Circular dated 10th December, 2024 (Major and Connected Transaction – Provision of Financial Assistance) and Form of Proxy for Special General Meeting (collectively, "Current Corporate Communications") The English and Chinese versions of the Company's Current Corporate Communication are available on the Company's website at www.re ...

此乃要件 請即處理 閣下如對本通函任何方面或應採取之行動有任何疑問，應諮詢 閣下之股票經紀或其他註 冊證券商、銀行經理、律師、專業會計師或其他專業顧問。 閣下如已將名下之Regal Hotels International Holdings Limited之證券全部售出或轉讓， 應立即將本通函及隨附之委任代表表格送交買主或承讓人，或經手買賣或轉讓之銀行、股 票經紀或其他代理商，以便轉交買主或承讓人。 香港交易及結算所有限公司及香港聯合交易所有限公司對本通函之內容概不負責，對其準 確性或完整性亦不發表任何聲明，並明確表示概不對因本通函全部或任何部份內容而產生 或因倚賴該等內容而引致之任何損失承擔任何責任。 （股份代號：78） 主要及關連交易 提供財務資助 富豪獨立董事委員會及富豪獨立股東之 富豪獨立財務顧問 Regal Hotels International Holdings Limited（「富豪」）謹訂於二零二四年十二月三十日（星期 一）上午十一時三十分假座香港銅鑼灣怡和街 88號富豪香港酒店舉行股東特別大會（「股東 特別大會」），大會通告載於本通函。無論 閣下能否親身出席股東特別大會，務請將隨附 之委任 ...