Magnificent Hotel Investments Limited reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was HKD 451.77 million compared to HKD 439.44 million a year ago. Revenue was HKD 451.81 million compared to HKD 439.48 million a year ago.

Net loss was HKD 32.91 million compared to net income of HKD 592.8 million a year ago. Basic loss per share from continuing operations was HKD 0.0037 compared to basic earnings per share from continuing operations of HKD 0.0663 a year ago.