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INT'L ENT: INTERIM REPORT 2024/25
INT'L ENT (01009.HK) reported a total revenue growth of 154.55% year-on-year to 0.268 billion Hong Kong dollars.
Gelonghui, February 27th丨INT'L ENT (01009.HK) announced that for the six months ending December 31, 2024, the group's total revenue increased by 154.55% year-on-year to approximately 0.2676 billion Hong Kong dollars during this period. The group recorded a loss of approximately 95 million Hong Kong dollars, compared to a loss of approximately 36.1 million Hong Kong dollars in the previous period. The loss per share during this period was approximately 6.94 Hong Kong cents, while the loss per share in the previous period was approximately 2.64 Hong Kong cents. During this period, some hotel rooms were closed for renovation, and the group recorded approximately 27.6 million Hong Kong dollars in revenue from hotel operations, while the previous period recorded about 341.
INT'L ENT: INTERIM RESULTS ANNOUNCEMENTFOR THE SIX MONTHS ENDED 31 DECEMBER 2024
International Entertainment to Log Wider Loss in Fiscal H1
INT'L ENT (01009.HK) expects a mid-term shareholder loss of no less than 90 million Hong Kong dollars.
On February 21, Glonghui reported that INT'L ENT (01009.HK) announced that the group expects to record increased revenue and gross profit for the six-month period ending December 31, 2024; however, the group anticipates a loss attributable to Shareholders of no less than 90 million HKD for this period, compared to a loss of approximately 36.1 million HKD attributable to Shareholders in the previous period. The loss attributable to the company's owners for this period is mainly due to (including) the following factors: (i) increased general and administrative expenses, mainly due to the group starting from May 9, 2024, according to the entertainment and gambling licenses granted on September 27, 2023.
Express News | International Entertainment - Expected Result Due to Increase in Interest Expenses on Bank Borrowings in Period, Others
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