{"id":777028385,"date":"2025-06-27T10:58:51","date_gmt":"2025-06-27T13:58:51","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777028385"},"modified":"2026-04-21T21:30:23","modified_gmt":"2026-04-22T00:30:23","slug":"palasino-holdings-profit-increases-80-per-cent-year-over-year","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/palasino-holdings-profit-increases-80-per-cent-year-over-year","title":{"rendered":"Palasino Holdings profit increases 80 per cent year-over-year"},"content":{"rendered":"\n

The company has reported profit attributable to shareholders of nearly $2m.<\/p>\n\n\n\n\n\n\n\n

Hong Kong.- Palasino Holdings, the spinoff of Far East Consortium, has shared its financial results for the 12 months to March 31. The company reported profit attributable to shareholders of nearly HKD15.4m ($2m) for the 12 months to March 31, up 80.2 per cent year-over-year.<\/p>\n\n\n\n

Revenue was HKD568.1m ($72.3m), flat compared to the prior financial year. Gaming revenue totalled HKD408.8m ($52m), up 1.6-per cent year-on-year. Adjusted earnings before interest, taxation, depreciation, and amortisation (EBITDA) posted HKD75.4m, down 29.1 per cent year-over-year. <\/p>\n\n\n\n

The company declared a final dividend of HKD0.029 per share for the 12 months to March 31, to be paid on September 19. The dividend amounts to nearly HKD23.5m ($3m).<\/p>\n\n\n\n

Palasino Holdings runs three land-based casinos in the Czech Republic and hotels in Germany and Austria. It listed in Hong Kong in March last year as a spin-off from Hong Kong-listed property developer Far East Consortium International Ltd.<\/p>\n\n\n

\n\t\t\tSee also:<\/span><\/p>\n
\n\t\t\t\t\"\"<\/p>\n

\n\t\t\t\t\tSee also:<\/span> Emperor Entertainment reports full-year revenue growth<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

The company has reported profit attributable to shareholders of nearly $2m.<\/p>\n","protected":false},"author":218,"featured_media":777027978,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Palasino Holdings, a spin-off of Far East Consortium, reported an 80.2% year-over-year increase in profit attributable to shareholders, reaching HKD15.4m ($2m) for the fiscal year ending March 31. While revenue remained flat at HKD568.1m ($72.3m), gaming revenue saw a modest 1.6% rise, with adjusted EBITDA declining by 29.1%. The company, operating land-based casinos in the Czech Republic and hotels in Germany and Austria, declared a final dividend of HKD0.029 per share.","focusai_entities":"Palasino Holdings, Far East Consortium, Far East Consortium International Ltd","focusai_location":"Hong Kong, Czech Republic, Germany, Austria","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.8), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"EBITDA decline drivers","query":"What specific operational or market factors contributed to Palasino Holdings' 29.1% year-over-year decline in adjusted EBITDA despite a slight increase in gaming revenue?"},{"label":"Regional market outlook","query":"How do the current economic and regulatory conditions in the Czech Republic, Germany, and Austria impact Palasino Holdings' future revenue and profitability projections for its land-based casino and hotel operations?"}],"footnotes":""},"categories":[16338,163],"tags":[21298],"class_list":["post-777028385","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","tag-finances"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777028385","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\/218"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777028385"}],"version-history":[{"count":5,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777028385\/revisions"}],"predecessor-version":[{"id":777028394,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777028385\/revisions\/777028394"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777027978"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777028385"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777028385"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777028385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}