Emperor Entertainment Hotel (00296.HK) Profit: Expected annual net profit of not less than HK$50 million, turning a year-on-year loss into profit
Gleneagles Entertainment Hotel (00296.HK) announced on April 23, that the Group expects to record a net profit of not less than HK$50 million (2023: net loss of HK$128 million) for the year ending March 31, 2024. The Group's loss to profit was mainly due to a recovery in the number of visitors and a recovery in demand for hotels and entertainment, which led to a sharp increase in the Group's total revenue by more than 150% this year.
英皇娛樂酒店:正面盈利預告 - 轉虧為盈
The number of inbound visitors to Macau increased 79% year-on-year in the first quarter to 8.875,800
On April 22, the Macao Statistics and Census Service announced that the total number of inbound visitors in the first quarter of this year was 8.875,800, up 79.4% year on year, and recovered to 85.7% in the same period in 2019.
Macau Casino Operators Set to Deliver Positive Earnings Growth in 2024 -- Market Talk
Macau casino operators are poised to deliver positive growth in revenue and profitability this year as Macau's fundamentals continue to ramp up strongly following three years of pandemic-related shutdowns, says Vitaly Umansky, senior analyst at Seaport Research Partners, in a note.
Macau Gaming Sector's Growth Pace Remains Unclear -- Market Talk
The trajectory of growth for Macau's gaming industry remains unclear, with the sector only experiencing modest growth in recent months, Jefferies analysts write in a research note.
Macau's Gaming Industry Makes Further Gains Post-Pandemic -- Market Talk
Macau's gaming industry seems to making further improvements from a downturn sparked by the pandemic, Citi analysts George Choi and Ryan Cheung say in a research note. Gross gaming revenue in March rose to the highest monthly level since Macau's post-Covid reopening, sitting at around 75% of the March 2019 figure, the analysts note.
Macau's Gaming Revenue Set for Further Recovery in March -- Market Talk
Macau's gaming industry revenue is likely to further recover in March, Citi analysts George Choi and Ryan Cheung say in a research note.
Hong Kong Casino Stocks Rise as Macau Gaming Revenue Notches Best January Since 2020
Hong Kong-listed casino stocks rose after Macau's gaming revenue posted its second-best monthly performance since the pandemic, helped by increasing numbers of visitors to the Asian gambling hub.
Emperor International Raises Proposed Service Fees From SJM Resorts
Emperor International Holdings (HKG:0163) proposed to increase the annual caps of the services fees it will receive from SJM Resorts, an entity owned by subsidiary Emperor Entertainment Hotel (HKG:029
East Asia Securities: Giving the Macau Gaming Industry an “Increased Wealth” Rating Expected to Increase Macau's Gaming Revenue to $234 billion this year
According to a report published by the East Asia Securities Research Department, as the mainland economy gradually stabilizes, mainland travel demand is steady, and traffic gradually returns to normal, it is expected that Macau's gaming revenue may increase to MOP 234 billion this year, an increase of nearly 28% over last year, returning to about 80% in 2019.
Macau Lucky Gaming's gross revenue of MOP 18.567 billion in December increased 433.3% year-on-year
For the full year of 2023, Macau's gross gaming revenue was MOP 183,059 billion, an increase of 333.8% over the previous year.
Macau Tourism Office: Over 456,000 visitors visited Macao in 4 days from December 23 to 26
On December 27, the Macao Government Tourism Office said that according to provisional data, more than 456,000 visitors visited Macao during the four-day period from December 23 to 26, with an average of about 114,000 visitors per day, up 1.3% from the same period in 2019.
EMPEROR E HOTEL: Interim Report 2023/2024
Emperor Entertainment Hotel Returns to Profit in Fiscal H1
Emperor Entertainment Hotel (HKG:0296) returned to profitability after recording a profit attributable to owners of HK$11.8 million, or HK$0.01 per share, for the fiscal first half. In the same period
EMPEROR E HOTEL: 2023/2024 Interim Results Announcement
Emperor Entertainment Hotel (00296.HK) held a board meeting on November 28 to approve the publication of interim results
Glonghui November 16|Emperor Entertainment Hotel (00296.HK) announced that the company will hold a board meeting on November 28, 2023 (Tuesday) to approve the publication of the company's and its subsidiaries interim results announcements for the six months ended September 30, 2023, and to consider whether to pay interim dividends.
The revenue of the Macau gaming industry in October increased more than fourfold year-on-year to MOP 19.501 billion
According to a recent announcement from the Macau Gaming Supervision and Coordination Bureau, the gross revenue of Macau Lucky Gaming in October increased more than fourfold year-on-year to MOP 19.501 billion, up 30.55% from the previous month.
Emperor Entertainment Hotel Expects 6-Mos Ended Sep Net Profit at Least HK$10.0M >0296.HK
Emperor Entertainment Hotel Expects 6-Mos Ended Sep Net Profit at Least HK$10.0M >0296.HK
EMPEROR E HOTEL: Positive Profit Alert
The revenue of the Macau gaming industry in the third quarter increased 7.8 times year-on-year to 48.81 billion patacas
According to data from the Macau Gaming Supervision and Coordination Bureau, Macau's total gaming revenue for the third quarter of this year was 48.81 billion patacas (same below), an increase of 7.8 times over the previous year.
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