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Emperor Entertainment Hotel Reports Revenue Growth Amid Loss
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Emperor Entertainment Hotel Reports Revenue Growth Amid Loss

Emperor Entertainment Hotel (HK:0296) has released an update.

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Emperor Entertainment Hotel Limited reported a 9.7% increase in total revenue to HK$407.9 million for the six months ending September 2024, driven by a rise in gaming revenue. However, the company faced a net loss of HK$225.7 million due to a significant fair value loss on investment properties. The Group continues to capitalize on the growing demand in the hospitality and entertainment sectors in Hong Kong and Macau.

For further insights into HK:0296 stock, check out TipRanks’ Stock Analysis page.

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