Emperor Entertainment Hotel Ltd is expecting a reversal to profit in the fiscal year ending in March, mainly thanks to a 150 percent year-on-year jump in revenue.

Emperor Entertainment Hotel has announced an adjustment to the annual caps on the service fees it will receive from SJM Resorts.

Emperor Entertainment Hotel Ltd. ended the first half of 2023 with HK$12 million ($1.5 million) in net profits, a turnaround from the HK$190.9 million ($24.4 million) in losses reported in the same period of last year.

Emperor Entertainment Hotel Ltd. is expecting to record a net profit of not less than HK$10 million ($1.2 million) in the first half of this year, a turnaround from the HK$190.9 million in losses reported in the same period of last year.

Emperor Entertainment Hotel Ltd. has issued the financial results for the 12 months ended March 31st, noting that the firm recorded a net loss narrowed 81 percent to HK$98.2 million ($12.54 million).

Former Macau casino operator Emperor Entertainment says that the discontinuation of its gaming operation in the SAR led to its hotel revenue falling by more than half in the six months ended September 30th, to HK$108.6 million ($13.9 million).

Emperor Entertainment Hotel Limited issued a note expecting a loss of not more than US$21m, almost double of last year's number.

Emperor Entertainment said it was shuttering its satellite casino in Macau due to the “gloomy” outlook for the high-end gaming segment.

Emperor Entertainment Hotel says it expects a travel bubble to be launched soon between Macau and Hong Kong and plans a comprehensive marketing strategy to take advantage of its position in both cities.

Hong Kong-listed Emperor Entertainment Hotel Limited has announced a special dividend of HK$0.05 per share, to be paid out on June 25, 2021 to shareholders.