Core Viewpoint - The company, Open Source Holdings (01215), anticipates a significant loss of approximately HKD 99.96 million for the six months ending June 30, 2025, compared to a profit of about HKD 7.93 million for the same period ending June 30, 2024 [1] Financial Performance - The shift from profit to loss is primarily attributed to several factors, including the closure of parts of the Paris Marriott Hotel Champs-Élysées for renovations, which resulted in a revenue decrease and a gross loss of approximately HKD 10.14 million from the hotel operations segment [1] - An increase in the outstanding amount related to construction assets mortgaged to the group, along with a restructuring of the joint venture, led to an impairment provision of approximately HKD 63.66 million for loans from the joint venture [1] - The rise in financing costs due to an increase in the interest rate on a EUR 175 million bank loan, which is up for renewal in 2024, contributed to the financial strain [1] - A decline in bank deposit interest rates resulted in reduced other income and earnings [1]
开源控股发盈警 预计中期股东应占亏损不少于约9996万港元