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 | ||
0.4 HKD | -3.61% | +6.67% | -3.61% |
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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-3.61% | 63.1M | |
-5.20% | 34.76B | |
+4.57% | 10.68B | |
-11.00% | 7.87B | |
+21.05% | 2.67B | |
-4.06% | 2.26B | |
+5.69% | 2.02B | |
0.00% | 1.53B | |
+16.98% | 1.46B | |
-1.45% | 1.28B |
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