Emperor Entertainment Hotel (DE:EM7A) has released an update.
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Emperor Entertainment Hotel Limited has reported a remarkable financial turnaround for the fiscal year ending March 31, 2024, with total revenue skyrocketing by 171.1% to HK$789.3 million, led by a significant surge in gaming revenue and a strong recovery in the hospitality sector post-pandemic. The company achieved a net profit of HK$62.8 million, a dramatic improvement from the previous year’s net loss of HK$128.0 million, thanks to increased tourism in Hong Kong and Macau and successful promotional campaigns. The group operates six hotels and serviced apartments in the region, including gaming facilities at the Grand Emperor Hotel in Macau.
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