{"id":777034758,"date":"2025-11-18T08:28:17","date_gmt":"2025-11-18T11:28:17","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777034758"},"modified":"2026-04-21T17:00:14","modified_gmt":"2026-04-21T20:00:14","slug":"century-entertainment-expects-profit-increase-in-april-september-period","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/century-entertainment-expects-profit-increase-in-april-september-period","title":{"rendered":"Century Entertainment expects profit increase for April-September period"},"content":{"rendered":"\n
The group said it expects a profit of at least US$3.21m.<\/p>\n\n\n\n\n\n\n\n
Hong Kong.- Century Entertainment International<\/strong> has announced a positive profit alert for the six months ending September 2025. It now expects a profit of at least HK$25m (US$3.21m) compared to a HK$11.4m (US$1.47m) loss in the same period last year.<\/p>\n\n\n\n The company attributed the turnaround to the performance of new subsidiaries in gaming and camellia oil, a one-off income from settling receivables with a former shareholder and gains from terminating a lease agreement in Cambodia.<\/p>\n\n\n\n Century Entertainment said in a Hong Kong Stock Exchange filing that the Board expects the new business units to \u201cevolve into significant and sustainable sources of profit and growth to the Group.\u201d<\/p>\n\n\n\n Last week, the group identified\u00a0Vietnam\u00a0as a target for expansion<\/a>, signing a\u00a0non-binding letter of intent<\/strong>\u00a0with a local operator.\u00a0In July, the company entered a partnership with World Platinum Technologies Inc (WPT)<\/a> to develop its gaming platform and content creation operations in the Philippines. In a filing on November 10, it reported that the joint venture generated unaudited revenue of HKD800,000 (US$102,913) in July, HKD1,000,000 (US$128,660) in August, and HKD3,268,000 (US$420,471) in September.
<\/p>\n\n\n