International Entertainment Corporation (HK:1009) has released an update.
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International Entertainment Corporation reported a significant loss for the fiscal year ended 30 June 2024, with revenues slightly increasing to HK$229.8 million from HK$207.2 million the previous year. The company faced a loss before taxation of HK$162.2 million, compared to a profit of HK$21.1 million in the prior year, and a net loss attributable to owners of HK$131.9 million, a stark contrast to the HK$18.2 million profit in 2023. In light of these results, the Board has decided not to issue a final dividend for the year.
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