EMPEROR E HOTEL (00296.HK): sees interim turnaround to profit
- Profit attributable to owners is expected at not more than HKD 35 million for the six months ended 30 September 2026.
- The prior-year period recorded a loss attributable to owners of HKD 57.4 million, marking a turnaround.
NewTimeSpace News: On 4 November 2026, Emperor Entertainment Hotel Limited (stock code: 00296) issued a positive profit alert under Rule 13.09(2)(a) of the Listing Rules and the inside information provisions of Part XIVA of the Securities and Futures Ordinance, expecting to record profit attributable to owners of not more than HKD 35,000,000 for the six months ended 30 September 2026, against a loss attributable to owners of HKD 57,400,000 in the same period of 2025, a turnaround from loss to profit.
The turnaround was mainly due to a substantial decrease in fair value loss on investment properties during the period. As the group has not yet finalised the unaudited interim results, the information is based only on information currently available, and the interim results are scheduled for publication in late November 2026. The company reminded shareholders and potential investors to exercise caution when dealing in its securities.
