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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
Express News | International Entertainment Corp Sees Loss Attributable of No Less Than HK$90 Mln for Hy
INT'L ENT: PROFIT WARNING
INT'L ENT (01009.HK) will hold a Board of Directors meeting on February 27 to approve the interim results.
On February 17, Gelonghui reported that INT'L ENT (01009.HK) announced that the Board of Directors will hold a meeting on February 27, 2025, to consider and approve the unaudited consolidated interim results for the six months ending December 31, 2024, and their release, as well as to consider the distribution of an interim dividend (if any).
Investors Shouldn't Be Too Comfortable With International Entertainment's (HKG:1009) Earnings
