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Hotel Properties Limited guides for net loss in 1HFY2023 on higher interest costs and share of losses

Felicia Tan
Felicia Tan • 1 min read
Hotel Properties Limited guides for net loss in 1HFY2023 on higher interest costs and share of losses
The Alpina Dolomites Hotel run by HPL / Photo: Hotel Properties Limited
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Hotel Properties Limited (HPL)is guiding for a net loss in the 1HFY2023 ended June despite an improvement in its performance.

The loss comes on the back of higher interest costs and share of losses from associates and jointly-controlled entities, says the group.

It will be releasing its results on or before Aug 14.

Shares in HPL closed 2 cents lower or 0.54% down at $3.67 on July 28.

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