Emperor Entertainment Hotel Ltd. Reports 2024/2025 Revenue Increase to HK$836.96M, Gross Profit Rises to HK$340.81M

Reuters
20 Jun
<a href="https://laohu8.com/S/EEHLF">Emperor Entertainment Hotel Ltd.</a> Reports 2024/2025 Revenue Increase to HK$836.96M, Gross Profit Rises to HK$340.81M

Emperor Entertainment Hotel Ltd. has announced its audited consolidated results for the fiscal year ending March 31, 2025. The company reported a total revenue of HK$836.955 million, up from HK$789.262 million in the previous year. This increase was driven by a rise in revenue from contracts with customers, which grew to HK$784.796 million from HK$740.737 million, and leasing revenue, which increased to HK$52.159 million from HK$48.525 million. The Macau operations contributed significantly to this performance, with gaming revenue at HK$505.616 million and hotel revenue at HK$164.697 million. Meanwhile, the Hong Kong operations generated hotel revenue of HK$114.483 million and leasing revenue of HK$31.861 million. The company's Adjusted EBITDA for the year stood at HK$208.147 million. Despite the rise in revenue, the company faced a significant challenge with fair value changes of investment properties, resulting in a loss of HK$371.670 million, compared to a loss of HK$20.300 million in the previous year. Gross profit increased to HK$340.806 million from HK$307.849 million, while the cost of hotel and gaming operations rose to HK$443.843 million from HK$432.154 million. There was no specific outlook or guidance provided for future periods in the announcement.

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