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).

Emperor Entertainment Hotel Ltd. has issued a profit warning for the six-month period ending September 30, noting that the firm expects a consolidated net loss attributable to owners of the Company of not more than HK$160 million (US$21 million).