Announces 2024/25 Annual Results
(Hong Kong, 20 June 2025) Emperor Entertainment Hotel Limited ("Emperor E Hotel" or "Group"; Stock code: 296) announced its 2024/25 annual results for the year ended 31 March 2025 ("Year").
Supported by the continued improvement of the tourism sector, the Group's total revenue increased by 6.0% to HK$837.0 million (2024: HK$789.3 million) during the Year. Revenue from hotels and leasing apartments remained broadly stable at HK$331.4 million (2024: HK$330.1 million) while gaming revenue increased by 10.1% to HK$505.6 million (2024: HK$459.2 million). Nevertheless, due to a fair value loss on investment properties amounting to HK$371.7 million (2024: HK$20.3 million), the Group recorded a net loss of HK$248.1 million (2024: net profit of HK$62.8 million) during the Year. Basic loss per share was HK$0.16 (2024: basic earnings per share of HK$0.05).
Looking ahead, with the Hong Kong government's initiatives to boost the local economy including the release of the Development Blueprint for Hong Kong's Tourism Industry 2.0, the promotion of Hong Kong as Asia's Events Capital and the Talent Admission Schemes, the Group is poised to benefit from the reinforcement of Hong Kong's role as an international tourism hub and a core zone for multi-destination tourism.
In the meantime, the Macau government has put tremendous efforts into transforming the city from merely a casino hub into a diversified tourist destination offering cultural, leisure and entertainment experiences. With the new multiple-entry permits for Zhuhai and Hengqin residents implemented on 1 January 2025, Macau's status as a major destination for Greater Bay Area travellers will be reinforced, the Macau Tourism Office expects that the number of visitor arrivals will return to the pre-pandemic level during 2025. The Group will closely monitor the market developments, and respond to changes by promptly adjusting its business strategy in order to seize market opportunities.
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Emperor E Hotel Announces 2024/25 Annual Results 20 June 2025
About Emperor Entertainment Hotel Limited
Emperor E Hotel currently runs a number of hotels and leasing apartments in Hong Kong and Macau, which mainly include The Emperor Hotel, The Unit Morrison Hill, The Unit Happy Valley, The Unit Soho, Grand Emperor Hotel and Inn Hotel, offering entertainment and leisure services, accommodation, food and beverage as well as retail outlets. Looking forward, Emperor E Hotel will continue to look for potential business opportunities worldwide in the hospitality sector. For more information, please visit its website: https://www.Emp296.com.
Investor/Press Enquiry
Anna Luk, Group IR Director Janice Au, Group IR Manager
Tel: +852 2835 6783 Tel: +852 2835 6799
Email: annaluk@emperorgroup.com Email: janiceau@emperorgroup.com