{"id":777038740,"date":"2026-03-05T08:11:21","date_gmt":"2026-03-05T11:11:21","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777038740"},"modified":"2026-04-21T13:49:22","modified_gmt":"2026-04-21T16:49:22","slug":"shin-hwa-world-expects-to-narrow-net-loss-by-up-to-35","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/shin-hwa-world-expects-to-narrow-net-loss-by-up-to-35","title":{"rendered":"Shin Hwa World expects to narrow net loss by up to 35%"},"content":{"rendered":"\n

The operator of Jeju Shinhwa World said lower operating costs, reduced depreciation and higher property valuations are likely to help cut losses.<\/p>\n\n\n\n\n\n\n\n

Hong Kong.- Hong Kong-listed Shin Hwa World Ltd has said that it expects to reduce its consolidated net loss for 2025 by 20 to 35 per cent compared with the previous year. A profit alert issued by the company anticipates the result of lower operating expenses, the absence of certain non-recurring costs and reduced amortisation and depreciation. <\/p>\n\n\n\n

The group also cited an increase in the fair value of its investment properties. However, the is still assessing whether an impairment loss on intangible assets will need to be recognised. Should that happen, it it still expects its consolidated net loss to decline within the projected range.<\/p>\n\n\n\n

The firm is the parent company of Jeju Shinhwa World, an integrated resort located on South Korea\u2019s holiday island of Jeju. The complex includes a foreigner-only casino as well as hotels, entertainment venues and convention facilities.<\/p>\n\n\n\n

The company expects to publish the 2025 financial results in late March in line with exchange rules requiring annual results to be released before the end of the first quarter. In 2024, the loss attributable to the parent’s owners reached HKD494.1m (US$63.2m)<\/a>. <\/p>\n\n\n

\n\t\t\tSee also:<\/span><\/p>\n
\n\t\t\t\t\"\"<\/p>\n

\n\t\t\t\t\tSee also:<\/span> Brian Ho joins SJM Resorts as vice president of sustainability<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

The operator of Jeju Shinhwa World said lower operating costs, reduced depreciation and higher property valuations are likely to help cut losses.<\/p>\n","protected":false},"author":680,"featured_media":777024665,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Shin Hwa World Ltd, operator of Jeju Shinhwa World, anticipates a 20-35% reduction in its consolidated net loss for 2025, driven by lower operating expenses, reduced depreciation and amortisation, and increased fair value of investment properties. This projection comes despite a potential impairment loss on intangible assets, with the company expecting to publish its 2025 financial results in late March.","focusai_entities":"Shin Hwa World Ltd, Jeju Shinhwa World, SJM Resorts, Brian Ho","focusai_location":"Hong Kong, South Korea, Jeju","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Cost Reduction Drivers","query":"What specific operational cost categories are being targeted for reduction, and what non-recurring costs were present in 2024 that will be absent in 2025, contributing to the projected net loss reduction?"},{"label":"Intangible Asset Impairment","query":"Given the potential for an impairment loss on intangible assets, what specific assets are under review, and what is the estimated magnitude of such an impairment relative to the projected 20-35% net loss reduction?"}],"footnotes":""},"categories":[157,16338],"tags":[24342,152],"class_list":["post-777038740","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-shin-hwa-world","tag-south-korea"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777038740","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/680"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777038740"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777038740\/revisions"}],"predecessor-version":[{"id":777038751,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777038740\/revisions\/777038751"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777024665"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777038740"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777038740"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777038740"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}