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Emperor Entertainment Hotel fiscal H1 profit falls YOY

4214351 said its normalized net income for the fiscal first half ended Sept. 30 came to 6 Hong Kong cents per share, a decline of 45.9% from 11 cents per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was HK$79.3 million, a decline of 45.9% from HK$146.7 million in the year-earlier period.

Total revenue fell 17.1% year over year to HK$873.4 million from HK$1.05 billion, and total operating expenses rose 5.8% year over year to HK$712.8 million from HK$673.8 million.

eported net income declined 57.7% on an annual basis to HK$111.5 million, or 9 cents per share, from HK$263.7 million, or 20 cents per share.Emperor Entertainment Hotel Ltd

4214351 said its normalized net income for the fiscal first half ended Sept. 30 came to 6 Hong Kong cents per share, a decline of 45.9% from 11 cents per share in the year-earlier period.