Emperor Entertainment Hotel (HK:0296) has released an update.
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Emperor Entertainment Hotel Limited anticipates a revenue increase to HK$400 million for the first half of 2024. However, a significant fair value loss on investment properties, influenced by a declining property market, is expected to lead to a net loss of up to HK$230 million. Investors are urged to exercise caution with the company’s securities.
For further insights into HK:0296 stock, check out TipRanks’ Stock Analysis page.
