Message on March 21，Huada Hotel recently released its annual report for fiscal year 2021。Announcement，The company will achieve operating income of 3 in 2021.HK$2.6 billion，46 year-on-year increase.10%，Net profit attributable to the parent company 6552.HKD 200,000，Turn loss into profit year-on-year，Loss 2 in the same period last year.HK$0.2 billion，Basic earnings per share is 0.0073 HKD。　　

According to the announcement，The group currently has eight hotels，Operates seven hotels and rents out one hotel in London。Among them，Five of the 188bet app download six local hotels have served as designated quarantine hotels in accordance with government regulations since January 2021，Therefore, the Group’s total revenue increased by 54% compared with last year，by 1.HKD 8.4 billion increased to 2.HKD 8.4 billion。

Group representation，During the year，Hong Kong’s tourism market is most damaged by the novel coronavirus disease。The number of overseas and Chinese tourists is only 91,000 people，Significant decrease 97.4%，The turnover of most hotels and retail stores has dropped by more than 90%。Management believes，Due to the continued impact of the new coronavirus disease，Remainder of 2022，The possibility of a large number of overseas and Chinese tourists returning to Hong Kong is quite low。Hong Kong’s hotel and retail sectors will continue to suffer from low occupancy rates and high operating costs。Management will continue to work hard to control hotel operating costs。The Group has signed short-term contracts with the government for six hotels in Hong 188bet app Kong and Shanghai，Operating as a quarantine hotel。The future prospects of hotel business and rental income remain the most challenging and unstable，Management will continue to work hard to increase revenue and control costs。

As understood，Huada Hotel Investment Co., Ltd. is a Hong Kong investment holding company mainly engaged in the hotel business。It operates through four major divisions。Hotel Services segment operates Ramada Kowloon、Huada Shengpin Hotel、Macau Grand Hotel、Shanghai Huamei International Hotel、Gorgeous Boutique Hotel in Causeway Bay、Gorgeous Sea View Hotel、Magnificent Hotel and Gorgeous Metropolis Hotel。The property investment segment is engaged in shop investment。The securities investment segment is engaged in securities investment。The hotel property segment is engaged in hotel property development。