Hotel Grand Central is expecting to report a net loss for its upcoming results for the 1HFY2025 ended Dec 31, 2025.
The company says that the net loss is attributed to impairment losses from its Hotel Grand Chancellor, Wellesley Street, Auckland and certain investment properties in Wellington, New Zealand.
Excluding the effects of the impairment losses, the group remains operationally profitable in the FY2025.
Further details on Hotel Grand Central’s performance will be provided with the releases of its unaudited financial results for the FY2025 on or before March 1, 2026.
Shares in Hotel Grand Central closed flat at 74 cents on Feb 9.
