Asian Hotels (East) Ltd Approves Q3 and Nine Months Financial Results for 2025, Despite Subsidiary's Legal Issues

The Board of Directors of Asian Hotels (East) Ltd approved the unaudited standalone and consolidated financial results for the quarter and nine months ended 31st December, 2025. The company's total income for the nine months was 1,034,542,000 with expenses of 3,496,273,000, resulting in a net loss of 187,190,000. The company holds investments in its subsidiary, GJS Hotels Limited, amounting to 1,259,250,000, which raises significant doubt about recoverability due to non-compliance with lease terms and forfeiture of a bank guarantee. No provision for impairment has been recognized, which could have significantly impacted the company's net profit and earnings per share.