Emperor Entertainment Hotel: Expected annual net loss of about 5.500 million-7.HK$500 million
Great Scenic Area 2022-06-07

Emperor Entertainment Hotel announced,The Group expects to record a revenue of between 5 and 5 for the year ending March 31, 2022.HKD 500 million to 7.HKD 500 million (2021:2.HK$2.4 billion) net loss,Mainly due to the significant increase 188bet app download in fair value losses and impairment losses ("the two losses") for the year due to the revaluation impairment of the Group's investment properties and the expected termination of the gaming business in June 2022 respectively。At the same time,The losses of these two items during the year are expected to be less than 5.HKD 0 billion,Occupied investment property as of March 31, 2022、Property、Machines 188bet Online Sports Betting and Casino and equipment、The total book value of right-of-use assets and goodwill (before losses on these two items) is less than 12%。Because these two losses are non-cash items,The board of directors believes that it will not have a direct impact on the group’s cash flow,It will not have a significant negative impact on the group’s operations。(Gelonghui)

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