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Macau Legend forecasts HKD640m loss for FY24

Business

Macau Legend expects a HKD640 million loss for FY24, compared with a HKD4.9 million loss in 2023, the company said. It expects impairment losses related to investment projects in Macau and Cape Verde; the company said these non-cash items will affect reported performance but not cash flow or operations.

The forecast signals a sharp deterioration in reported results and reflects impairment exposure tied partly to the Cape Verde project.

End-of-day close Macau Legend Development (1680), HKD, to 9 May 2025
Story date10 February 20259 May 2025

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