Summary:

• Hotel Grand Central expects to report a consolidated net loss for FY2025, reversing from operational profitability, after booking impairment losses on its Hotel Grand Chancellor, Wellesley Street, Auckland and certain investment properties in Wellington.

• Management stresses the Group remains profitable at the operating level in FY2025 if the impairment charges are excluded.

• The company is finalising its FY2025 unaudited results and plans to release them on or before 1 March 2026.

• The Board advises shareholders and potential investors to exercise caution when dealing in the company’s shares and to seek professional advice where appropriate.

Link:
https://links.sgx.com/1.0.0/corporate-announcements/0AJZZYUQQOMAXIHI/e07c51206e64402905503714cf435c94f3da9f3e5d0bdb1c4351fc6a534ae9fc