Paradise Entertainment Reports Profit Surge

Paradise Entertainment (HK:1180) has released an update.

Paradise Entertainment Limited has reported a significant turnaround with its latest interim financial results, revealing a profit of HK$119,407,000 for the six months ending June 30, 2024, compared to a loss in the previous year. This robust performance is reflected by a substantial increase in revenue and gross profit, alongside a reduction in finance costs. The company’s earnings per share also soared to 11.0 HK cents from just 0.1 HK cent in the corresponding period last year.

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