Emperor Entertainment Hotel Limited provided earnings guidance for the six months ended September 2023. For the period, group expects to record a net profit of not less than HKD 10.0 million (2022: net loss of HKD 190.9 million) for the six months ended 30 September 2023 . The Group achieved a turnaround during the Period was mainly because (i) its total revenue significantly increased by approximately 240%, which was driven by the revival of the number of visitor arrivals as well as the recovery of hospitality and entertainment demand; and (ii) it expects to record a fair value gain (2022: fair value loss) on investment properties for the Period.
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5-day change | 1st Jan Change | ||
0.41 HKD | +5.13% | +10.81% | -1.20% |
Jan. 26 | Emperor International Raises Proposed Service Fees From SJM Resorts | MT |
2023 | Emperor Entertainment Hotel Returns to Profit in Fiscal H1 | MT |
1st Jan change | Capi. | |
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-1.20% | 62.25M | |
-7.64% | 33.86B | |
-8.03% | 13.03B | |
+5.24% | 10.74B | |
-8.00% | 8.15B | |
+15.79% | 2.59B | |
-5.62% | 2.22B | |
+2.64% | 2B | |
0.00% | 1.53B | |
+9.80% | 1.37B |
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- Emperor Entertainment Hotel Limited Provides Earnings Guidance for the Six Months Ended September 2023