Palasino Holdings Ltd. Reports Slight Increase in Revenue to HK$568.1M for FY Ended March 2025; Gaming Operations Revenue Up, Hotel Operations Down

Reuters
2025/06/26
Palasino Holdings Ltd. Reports Slight Increase in Revenue to HK$568.1M for FY Ended March 2025; Gaming Operations Revenue Up, Hotel Operations Down

Palasino Holdings Ltd. has announced its audited consolidated results for the financial year ended 31 March 2025. The company reported a 1% growth in revenue before gaming tax compared to the previous financial year, primarily driven by an increase in gaming revenue. The Group's profit for FY2025 was HK$15 million, up from HK$9 million in FY2024. However, the adjusted net profit, a non-HKFRS measure, was HK$17 million for FY2025, a decrease from HK$41 million in FY2024. Adjusted earnings before interest income, finance costs, income tax, and depreciation and amortization (Adjusted EBITDA), another non-HKFRS measure, stood at HK$52 million for FY2025, down from HK$85 million in the previous year. Additionally, the adjusted property EBITDA was reported at HK$75 million for FY2025, compared to HK$106 million in FY2024. No specific outlook or guidance for future periods was provided in the announcement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Palasino Holdings Ltd. published the original content used to generate this news brief on June 26, 2025, and is solely responsible for the information contained therein.

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