{"id":777016704,"date":"2024-06-25T09:33:33","date_gmt":"2024-06-25T12:33:33","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777016704"},"modified":"2026-04-22T08:48:18","modified_gmt":"2026-04-22T11:48:18","slug":"emperor-entertainment-posts-full-year-net-profit-of-us8m","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/emperor-entertainment-posts-full-year-net-profit-of-us8m","title":{"rendered":"Emperor Entertainment posts full-year net profit of US$8m"},"content":{"rendered":"\n

That compares to a HK$128m loss (US$16.4m) in the last fiscal year.<\/p>\n\n\n\n\n\n\n\n

Macau.-\u00a0Emperor Entertainment Hotel Limited<\/strong>\u00a0has shared its financial results for the fiscal year ended March 31.\u00a0It posted a net profit of HK$62.8m (US$8.0m), compared with a HK$128m loss (US$16.4m) in the previous year<\/a>.<\/p>\n\n\n\n

Revenue was up 171 per cent year-on-year to HK$789.2m (US$101m) and gaming revenue was up 423.3 per cent to HK$459.2m (US$58.8m), accounting for 58.2 per cent of all revenue. Hotel revenue \u2013 including from Hong Kong operations \u2013 was HK$171.4m (US$22m), up 82.2 per cent in year-on-year terms.<\/p>\n\n\n\n

The company\u2019s adjusted segmental earnings before interest, taxation, depreciation, and amortisation (EBITDA) were HK$175m (US$22.4m) in the 12 months to March 31, compared to a negative figure of HK$109.8m (US$14.1m) a year earlier.<\/p>\n\n\n\n

In May, Emperor Entertainment Hotel\u00a0announced that one of its offshore units was to acquire a 25-storey building in Hong Kong\u2019s Central district<\/a> for\u00a0HK$655.2m (US$83.9m)<\/strong>.\u00a0The company said the acquisition was intended to expand its assets portfolio in its core business areas.<\/p>\n\n\n\n

Emperor Entertainment Hotel manages a portfolio of three hotels and a serviced apartment collection in Hong Kong and Macau: The Emperor Hotel, The Unit Serviced Apartment, Grand Emperor Hotel, and Inn Hotel Macau. An indirect wholly-owned subsidiary of Emperor Entertainment has a three-year contract with SJM<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"

That compares to a HK$128m loss (US$16.4m) in the last fiscal year.<\/p>\n","protected":false},"author":176,"featured_media":18309,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Emperor Entertainment Hotel Limited reported a net profit of HK$62.8m for the fiscal year ended March 31, marking a significant turnaround from the prior year's loss, driven by a 171% increase in total revenue and a 423.3% surge in gaming revenue. This robust performance, coupled with a strategic HK$655.2m asset acquisition in Hong Kong and an existing three-year contract with SJM, underscores the company's operational recovery and strategic expansion within the Macau and Hong Kong hospitality and gaming verticals.","focusai_entities":"Emperor Entertainment Hotel Limited, Emperor Entertainment, SJM","focusai_location":"Macau, Hong Kong","focusai_target_profile":"ceo_executive (0.95), regulator (0.7), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Macau GGR Outlook?","query":"Given Emperor Entertainment Hotel's significant gaming revenue growth, what is the projected GGR trajectory for Macau's satellite casino operators in the next fiscal year, and how might this impact market share dynamics and concessionaire relationships?"},{"label":"Asset Portfolio Strategy?","query":"How does the HK$655.2m Hong Kong property acquisition align with Emperor Entertainment Hotel's long-term capital allocation strategy, particularly concerning its gaming and hospitality asset diversification and potential for NGR contribution?"}],"footnotes":""},"categories":[16338,163],"tags":[23792],"class_list":["post-777016704","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","tag-emperor-entertainment"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777016704","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777016704"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777016704\/revisions"}],"predecessor-version":[{"id":777016728,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777016704\/revisions\/777016728"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/18309"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777016704"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777016704"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777016704"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}