INT'L ENT (01009) releases its interim results with a shareholders' net loss of HK$95.024 million, an increase of 163% year-on-year.
International Entertainment (01009) announced its performance for the six months ended December 31, 2024. The group achieved revenue...
INT'L ENT (01009) released its performance for the six months ended December 31, 2024. The group achieved revenue of HK$268 million during the period, an increase of 154.55% compared to the previous year. The group's attributable loss for the period was HK$95.024 million, an increase of 163% compared to the previous year, with basic loss per share of HK$0.694.
The announcement stated that during the period, revenue from gaming operations was approximately HK$240 million, an increase of approximately 237.9% compared to the previous period. This increase was primarily due to revenue generated from a temporary license that became effective in May 2024. Following the relaxation of epidemic prevention measures, passenger travel resumed, leading to a significant recovery in performance for this segment. Revenue from gaming operations accounted for approximately 89.7% of the group's revenue for the review period (compared to 67.6% in the previous period).
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