香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚賴 該等內容而引致的任何損失承擔任何責任。 （於百慕達註冊成立之有限公司） （股份代號：296） 2024/2025年度之全年業績公告 英皇娛樂酒店有限公司（「本公司」）董事會（「董事會」或「董事」）宣佈本公司及其附屬 公司（統稱「本集團」）截至2025年3月31日止年度（「本年度」）之經審核綜合業績。 管理層討論及分析 業績 受惠於旅遊業持續改善，本集團於本年度的總收入上升6.0%至837,000,000港元（2024年： 789,300,000港元）。來自酒店及租賃公寓的收入大致維持在331,400,000港元（2024年： 330,100,000港元），而博彩收入則增加10.1%至505,600,000港元（2024年：459,200,000港 元）。然而，由於投資物業公允價值虧損為371,700,000港元（2024年：20,300,000港元），本 集團於本年度錄得淨虧損248,100,000港元（2024年：淨溢利62,800,000 ...

Financial Performance - Total revenue for the six months ended September 30, 2024, increased by 9.7% to HKD 407.9 million, compared to HKD 371.8 million in 2023[7]. - Gross profit rose to HKD 159.8 million from HKD 133.7 million year-on-year[5]. - The group recorded a net loss of HKD 225.7 million, a significant decline from a net profit of HKD 12.1 million in the previous year[7]. - Basic loss per share was HKD 0.15, compared to earnings of HKD 0.01 per share in 2023[5]. - The group reported total revenue of HKD 407.9 million for the six months ended September 30, 2024, compared to HKD 371.8 million for the same period in 2023, representing a growth of approximately 9.7%[30]. - The gross profit for the period was HKD 159.8 million, up from HKD 133.7 million in the previous year, indicating a significant increase in profitability[30]. - The company reported a pre-tax loss of HKD 221,596,000 for the six months ended September 30, 2024, compared to a pre-tax profit of HKD 19,660,000 for the same period in 2023[55][57]. - The total comprehensive income for the period was HKD 12,092,000, compared to a loss of HKD 225,686,000 in the previous year, marking a significant turnaround[41]. Revenue Breakdown - Hotel and rental apartment revenue was HKD 154.9 million, accounting for 38.0% of total revenue, down from 42.0% in 2023[17]. - Gaming revenue increased by 17.3% to HKD 253.0 million, representing 62.0% of total revenue, up from 58.0% in the previous year[18]. - Gaming revenue from table games and slot machines amounted to HKD 243,075,000 and HKD 9,974,000 respectively, compared to HKD 207,095,000 and HKD 8,550,000 in the previous year, indicating a year-over-year increase of 17.3% and 16.6%[47]. - Hotel room revenue decreased to HKD 73,629,000 from HKD 79,842,000, reflecting a decline of about 7.8%[47]. Asset Management - The group expanded its property portfolio with the acquisition of The Unit Soho in July 2024[8]. - The group acquired The Unit Soho for HKD 700 million on July 19, 2024, enhancing its asset portfolio and market position[24]. - The group expects the sale of The Unit Davis, valued at HKD 275 million, to be completed by December 16, 2024, further optimizing its asset management strategy[25]. - The group’s non-current assets, including investment properties, increased to HKD 1.9 billion as of September 30, 2024, from HKD 1.5 billion as of March 31, 2024[31]. - As of September 30, 2024, the fair value of investment properties increased to HKD 1,914,600, up from HKD 1,485,900 on April 1, 2024, reflecting a growth of approximately 28.8%[70]. Cash Flow and Liquidity - As of September 30, 2024, the group's bank balances and cash decreased to HKD 238.8 million from HKD 645.8 million as of March 31, 2024, primarily due to acquisition activities[21]. - The company reported a net cash outflow from investing activities of HKD 464,560,000, compared to HKD 97,028,000 in the previous year, indicating a significant increase in investment expenditures[39]. - As of September 30, 2024, the company had cash and cash equivalents of HKD 207,030,000, down from HKD 332,438,000 at the same time last year, a decrease of approximately 37.7%[39]. - The company’s current liabilities exceeded its current assets by HKD 37,755,000, raising concerns about liquidity[41]. - The company has access to a bank credit facility of HKD 419,650,000, which is expected to support its operational funding needs[41]. Employee and Operational Metrics - The total employee count increased to 670 as of September 30, 2024, from 630 as of March 31, 2024, with total employee costs rising to HKD 162.3 million from HKD 140.8 million[27]. - The company incurred commission expenses of HKD 33,285,000 related to gaming operations, an increase from HKD 32,237,000 in the previous year[60]. - Depreciation of property, plant, and equipment was HKD 56,026,000, down from HKD 61,659,000 in the previous year[60]. Corporate Governance and Shareholder Information - The company has complied with all provisions of the corporate governance code as per the listing rules during the period[106]. - The company has established its own securities trading code for directors, which meets or exceeds the standards set by the listing rules[107]. - The group has a significant shareholding structure, with Ms. Lu holding 53.52% of the company's voting shares[96]. - The group has substantial interests in related companies, including 74.71% in Emperor International Holdings Limited[98]. - As of September 30, 2024, Yang Shoucheng Industrial Holdings holds 636,075,041 shares, representing 53.52% of the voting shares[102]. Dividends and Share Options - The group has decided not to declare any interim dividend for the period, consistent with the previous year[28]. - The company declared a final dividend of HKD 0.015 per share, totaling approximately HKD 17,827,000, paid during the period, with no dividend declared in the corresponding period of 2023[68]. - The company adopted a share option scheme on September 19, 2023, with a total of 118,849,098 options available at the beginning of the period and 59,424,549 options available at the end of the period[105]. - The company has not granted any share options under the share option scheme since its adoption[105]. Related Party Transactions - Related party transactions included professional service fees paid to a related company amounting to HKD 1,301,000, an increase from HKD 1,236,000 in the previous year[91]. - As of September 30, 2024, the group owed HKD 176,522,000 to related companies, a significant increase from HKD 6,367,000 as of March 31, 2024[93].

Financial Performance - Total revenue for the six months ended September 30, 2024, increased by 9.7% to HKD 407,909,000 compared to HKD 371,837,000 in 2023[5] - The group recorded a net loss of HKD 225,686,000, compared to a net profit of HKD 12,092,000 in the same period last year[3] - The gross profit for the six months ended September 30, 2024, was HKD 159,839,000, compared to HKD 133,690,000 in 2023, indicating a year-over-year increase of about 19.6%[27] - The company reported a loss before tax of HKD 221,596,000 for the period, a significant decline from a profit of HKD 19,660,000 in the previous year[27] - The company reported a basic loss per share of HKD 0.15 for the six months ended September 30, 2024, compared to earnings of HKD 0.01 per share in the same period last year[27] - The group reported an adjusted EBITDA of HKD 99,542,000 for the six months ended September 30, 2024, compared to HKD 81,077,000 in the previous year, representing a growth of approximately 22.8%[47] - The group’s pre-tax loss for the period was HKD 221,596,000, compared to a pre-tax profit of HKD 19,660,000 in the previous year[47][50] - The company reported a pre-tax loss of HKD 177,883,000 for the six months ended September 30, 2024, compared to a profit of HKD 11,822,000 in the same period of 2023[58] Revenue Breakdown - Gaming revenue rose by 17.3% to HKD 253,000,000, accounting for 62.0% of total revenue, up from 58.0% in 2023[15] - The group’s hotel and rental apartment revenue was HKD 154,900,000, representing 38.0% of total revenue, down from 42.0% in 2023[14] - Hotel revenue for the same period was HKD 129,085,000, slightly down from HKD 133,196,000 in 2023, indicating a decrease of approximately 3.3%[48] - Rental income rose to HKD 25,775,000, up from HKD 22,996,000, marking an increase of around 12.1%[43] - The group’s Macau operations generated HKD 343,208,000 in revenue, while Hong Kong operations contributed HKD 64,701,000[48] Assets and Liabilities - Cash and short-term bank deposits decreased to HKD 238,800,000 as of September 30, 2024, down from HKD 645,800,000 on March 31, 2024[18] - Non-current assets increased to HKD 4,528,066,000 as of September 30, 2024, compared to HKD 4,157,013,000 as of March 31, 2024, marking an increase of approximately 8.9%[29] - The company’s total assets less current liabilities stood at HKD 4,490,311,000 as of September 30, 2024, down from HKD 4,661,632,000 as of March 31, 2024[29] - The group’s current liabilities exceeded current assets by HKD 37,755,000 as of September 30, 2024, raising concerns about liquidity[33] Corporate Actions - The company completed the acquisition of The Unit Soho for HKD 700,000,000 on July 19, 2024, enhancing its asset portfolio and market position[21] - The company completed the acquisition of Star Omen Limited for HKD 700,000,000 on July 19, 2024, which is now classified as investment property generating rental income[65] - The company plans to sell Bausman Limited for HKD 275,000,000, with the transaction expected to complete by December 16, 2024[22] - The company anticipates completing the sale of Bausman Limited for HKD 275,000,000 by December 16, 2024[66] Dividends and Shareholder Returns - The company has not declared any interim dividend for the current period, consistent with the previous year[25] - The company declared a dividend of HKD 0.015 per share, totaling approximately HKD 17,827,000, paid to shareholders for the fiscal year 2023/2024[60] - The company has no interim dividend declared for the current period, consistent with the previous year[61] Market Outlook - The group is optimistic about the long-term growth of the hotel service market due to increasing outbound tourism from mainland China[17] - The group believes that Macau will continue to be a leading leisure and entertainment center, supported by improved transportation infrastructure and tourism policies[17] - The group plans to continue focusing on its core gaming and hospitality services while exploring opportunities for market expansion and new product development[45] Employee and Operational Metrics - The total number of employees increased to 670 as of September 30, 2024, up from 630 as of March 31, 2024, reflecting a growth of approximately 6.3%[24] Other Financial Metrics - The company reported a tax expense of HKD 4,090,000 for the six months ended September 30, 2024, down from HKD 7,568,000 in the same period of 2023[57] - Trade payables increased to HKD 11,520,000 as of September 30, 2024, compared to HKD 9,420,000 as of March 31, 2024[64] - Total trade receivables as of September 30, 2024, were HKD 66,662,000, with a provision for impairment of HKD 20,879,000, resulting in net receivables of HKD 45,783,000[62] Governance and Compliance - The company has adhered to all provisions of the corporate governance code as per the listing rules during the period[73] - No repurchase, sale, or redemption of the company's listed securities occurred during the period[73] - The interim results announcement will be published on the Hong Kong Stock Exchange and the company's website in due course[74]

Financial Performance - Total revenue for the year ended March 31, 2024, increased by 171.1% to HK$789.3 million, compared to HK$291.1 million in 2023[14]. - Revenue from hotels and serviced apartments rose by 62.3% to HK$330.1 million, up from HK$203.4 million in the previous year[16]. - Gaming revenue surged by 423.6% to HK$459.2 million, compared to HK$87.7 million in 2023[16]. - The Group recorded a net profit of HK$62.8 million, a turnaround from a net loss of HK$128.0 million in 2023[16]. - Basic earnings per share improved to HK$0.05, compared to a basic loss of HK$0.08 per share in the previous year[14]. Visitor and Tourism Trends - Visitor arrivals to Macau increased by 266.4% to 32.1 million during the year[18]. - The gross gaming revenue in Macau rose to HK$206.4 billion, reflecting a 245.6% increase compared to the previous period[18]. - The Hong Kong Tourism Board reported over 40.8 million tourists visited Hong Kong during the year, gradually recovering to pre-pandemic levels[17]. - The Group benefited from the revival in visitor arrivals and a recovery in hospitality and entertainment demand[16]. - The Hong Kong government launched effective campaigns to attract tourists, contributing to the recovery of the tourism sector[17]. Revenue Breakdown - The Group's hotel and serviced apartments revenue increased by 62.3% to HK$330.1 million, accounting for 41.8% of total revenue[37]. - Room revenue rose to HK$166.2 million, up from HK$85.2 million, while food and beverage revenue increased to HK$114.5 million from HK$74.0 million[39]. - Gaming revenue surged over 423.6% to HK$459.2 million, representing 58.2% of the Group's total revenue[40]. - The number of visitors to Macau increased by 266.4% to 32.1 million, contributing to the growth in gaming revenue[40]. Operational Overview - The Group operates a total of six hotels and serviced apartments in Hong Kong and Macau, including the Emperor Hotel and Grand Emperor Hotel[22]. - The Emperor Hotel features 299 guest rooms and has a gross floor area of approximately 115,700 square feet[22]. - The Inn Hotel in Macau has a gross floor area of approximately 209,000 square feet and 285 guest rooms, expanding the Group's market coverage[35]. - The Unit Morrison Hill offers 18 serviced apartments, catering to business travelers and expats[25]. - The Group's strategic focus includes enhancing hospitality services and expanding its portfolio to capture market potential in Macau[35]. Financial Position - As of March 31, 2024, the Group's bank balances and cash totaled HK$645.8 million, up from HK$503.3 million in 2023, indicating a 28.3% increase[47]. - Current assets increased to HK$705.4 million in 2024 from HK$566.8 million in 2023, representing a 24.5% growth, while current liabilities decreased to HK$200.8 million from HK$253.2 million, a reduction of 20.7%[48]. - The Group maintained a net cash position as of March 31, 2024, resulting in a zero gearing ratio, consistent with the previous year[48]. - The Group has pledged assets valued at approximately HK$600.1 million as of March 31, 2024, for a banking facility of HK$419.7 million, which remained undrawn[49]. Employee and Compensation - The Group's total staff costs for the year were HK$296.2 million, an increase from HK$257.4 million in 2023, reflecting a 15% rise in personnel expenses[56]. - The number of employees increased to 630 in 2024 from 517 in 2023, indicating a growth of 21.8% in workforce size[56]. - Employee compensation is determined based on individual responsibilities, skills, experience, and market salary levels[59]. - The company has adopted a share option scheme to encourage and reward employees[59]. Dividends and Reserves - The Group's final dividend proposed for the Year is HK$0.015 per share, totaling approximately HK$17,830,000, compared to nil in 2023[79]. - As of March 31, 2024, the Company's reserves available for distribution amount to HK$969,900,000, an increase from HK$935,127,000 in 2023[104]. - The Group's share premium account remains unchanged at HK$436,765,000, which may be distributed as fully paid bonus shares[104]. Corporate Governance - The Company fully complied with all code provisions of the Corporate Governance Code during the year[186]. - The Board currently comprises six Directors, including one Non-executive Director, two Executive Directors, and three Independent Non-executive Directors[195]. - The management is responsible for shaping the corporate culture and defining the strategic direction of the Group[193]. - The Company is committed to a corporate culture focusing on customer centricity, excellence in services, people first, and positivity[187]. Strategic Initiatives - The Group anticipates continued growth in outbound tourism from Mainland China, supported by improved infrastructure and government initiatives[42]. - The Group's strategic initiatives include capitalizing on brand reputation and management expertise to solidify its market position[44]. - The Group's management team is focused on enhancing guest experience and customer segmentation to strengthen market presence[44]. - The Group is optimistic about the sustainable long-term growth of the Macau market, supported by improved transportation infrastructure and diverse leisure offerings[43].

Financial Performance - Total revenue for the group reached HKD 789,262,000, with Macau operations contributing HKD 649,508,000 and Hong Kong operations contributing HKD 139,754,000[12] - Total revenue for the year ended March 31, 2024, was HKD 789,262,000, a significant increase from HKD 291,119,000 in 2023, representing a growth of 171%[29] - Revenue from Macau reached HKD 649,508,000, up from HKD 189,368,000 in the previous year, indicating a growth of 243%[29] - Gaming revenue surged over 423.6% to HKD 459,200,000 (2023: HKD 87,700,000), representing 58.2% of total revenue (2023: 30.1%) [92] - Hotel and serviced apartment revenue rose by 62.3% to HKD 330,100,000, while gaming revenue surged by 423.6% to HKD 459,200,000[81] - The company recorded a profit attributable to equity holders of HKD 60,885,000 for the year, a turnaround from a loss of HKD 98,192,000 in 2023[42] - Net profit for the year was HKD 62,831,000, a turnaround from a net loss of HKD 127,997,000 in the previous year[79] - Basic earnings per share improved to HKD 0.05, compared to a loss of HKD 0.08 per share in 2023[79] - Adjusted EBITDA for the group was HKD 175,031,000, with Macau operations generating HKD 151,936,000 and Hong Kong operations generating HKD 23,095,000[12] - The group reported a pre-tax profit of HKD 35,410,000 for the year ending March 31, 2024[12] Assets and Liabilities - The group's total assets as of March 31, 2024, were HKD 4,661,632,000, compared to HKD 4,584,502,000 as of March 31, 2023[19] - The total liabilities of the group decreased from HKD 75,179,000 in 2023 to HKD 89,478,000 in 2024[22] - The company’s equity attributable to owners increased to HKD 3,752,697,000 from HKD 3,691,812,000 year-on-year[21] - The company’s total liabilities increased to HKD 102,518,000 in 2024 from HKD 96,744,000 in 2023[51] - Non-current assets included investment properties valued at HKD 1,485,900,000 and property, plant, and equipment valued at HKD 2,253,841,000[19] - Non-current assets in Macau were valued at HKD 1,751,126,000, slightly down from HKD 1,811,141,000 in 2023, while Hong Kong's non-current assets decreased to HKD 2,375,076,000 from HKD 2,459,811,000[29] Cash Flow and Investments - The group’s cash and cash equivalents increased to HKD 599,790,000 from HKD 380,330,000 year-on-year[19] - The company reported a net cash inflow from investing activities of HKD 72,888,000, a recovery from a net outflow of HKD 237,366,000 in 2023[24] - The net cash and cash equivalents at the end of the reporting period increased to HKD 599,790,000 from HKD 380,330,000 in 2023, reflecting a growth of 57.7%[24] - As of March 31, 2024, the group's cash and bank deposits totaled HKD 645,800,000 (2023: HKD 503,300,000) [95] - The group maintained a zero capital debt ratio as of March 31, 2024, indicating a strong financial position [95] Operational Highlights - The company operates six hotels and serviced apartments in Hong Kong and Macau, including the Emperor Hotel and the Emperor Entertainment Hotel[83] - The number of visitors to Hong Kong exceeded 40.8 million, gradually recovering to pre-pandemic levels[82] - Macau's total gaming revenue increased by 245.6% to HKD 206.4 billion, with visitor numbers rising by 266.4% to 32.1 million[82] - Total revenue from operating leases increased to HKD 48,525,000 in 2024 from HKD 30,446,000 in 2023[67] - The company incurred a commission expense of HKD 69,706,000 in the gaming business, significantly higher than HKD 10,324,000 in the previous year[33] Future Outlook and Strategy - The group is optimistic about sustainable long-term growth in the Macau market, supported by robust transportation infrastructure and diverse leisure services [93] - The management team aims to enhance customer experience and leverage brand reputation to strengthen market position [93] - The group plans to capitalize on international events and promotions to boost Hong Kong's appeal as a tourist destination [93] - The expansion of serviced apartments is expected to capture the growing demand in the hotel market [91] - The company is in the process of acquiring Star Omen for HKD 700,000,000, which includes a property located in Central, Hong Kong[52] - The company has proposed to acquire the entire issued share capital of Star Omen Limited for a value of HKD 700,000,000, pending approval from independent shareholders at a special meeting scheduled for July 2024[97] Corporate Governance - The company has adhered to all corporate governance codes as per the listing rules during the year[56] - The company’s independent auditor confirmed that the financial statements are prepared in accordance with applicable accounting standards and fairly present the financial position as of March 31, 2024[55] Employee and Cost Management - As of March 31, 2024, the total number of employees increased to 630 from 517 in 2023, with total employee costs amounting to HKD 296,200,000, up from HKD 257,400,000 in the previous year[98] - The company’s accrued employee costs rose to HKD 24,402,000 in 2024 from HKD 20,388,000 in 2023[51] Trade Receivables and Payables - Trade receivables increased to HKD 70,653,000, up from HKD 54,430,000 in 2023, indicating a rise of 29.7%[43] - As of March 31, 2024, the group's trade receivables included overdue amounts totaling HKD 13,119,000, a decrease from HKD 13,521,000 in 2023[46] - The aging analysis of trade receivables shows that HKD 12,970,000 (2023: HKD 13,272,000) has been overdue for 90 days or more but is not considered in default due to established repayment plans with customers[46] - Trade payables decreased to HKD 9,420,000 in 2024 from HKD 10,722,000 in 2023, while other payables increased to HKD 64,172,000 from HKD 52,081,000[51] Foreign Exchange and Risk Management - The company reported a foreign exchange loss of HKD 78,000, compared to a loss of HKD 57,000 in 2023, reflecting ongoing challenges in currency fluctuations[30] - The group has no significant foreign exchange risk due to most transactions being conducted in the functional currency of its overseas operations [95]

Financial Performance - Total revenue increased by 242.5% to HKD 371.8 million compared to HKD 108.6 million in the previous year[23] - Net profit turned positive at HKD 12.1 million, compared to a net loss of HKD 190.9 million in the previous year[23] - Basic earnings per share were HKD 0.01, recovering from a loss of HKD 0.13 per share[23] - Total revenue for the six months ended September 30, 2023, was HKD 348,841,000, a significant increase from HKD 96,550,000 in the same period of 2022, representing a growth of approximately 261%[70] - The company reported a profit before tax of HKD 19,660,000 for the six months ended September 30, 2023[77] - The company recorded a basic earnings per share of HKD 11,822 for the six months ended September 30, 2023, compared to a loss of HKD 155,658,000 in the same period last year[96] Revenue Breakdown - Hotel and serviced apartment revenue rose by 85.5% to HKD 156.2 million from HKD 84.2 million[23] - Gaming revenue surged over 700.0% to HKD 215.6 million, up from HKD 24.4 million[23] - Hotel revenue for the same period was HKD 133,196,000, up from HKD 72,168,000, reflecting an increase of approximately 84%[70] - Gaming revenue from mid-market gaming transactions reached HKD 207,095,000, compared to HKD 20,851,000 in the previous year, marking an increase of about 894%[70] - The gaming revenue from Macau operations was HKD 215,645,000, while hotel revenue was HKD 83,445,000 and rental income was HKD 8,977,000[77] Assets and Liabilities - Cash and short-term bank deposits totaled HKD 552.2 million as of September 30, 2023, up from HKD 503.3 million on March 31, 2023[18] - Current assets and current liabilities were HKD 608.6 million and HKD 246.1 million, respectively, as of September 30, 2023[19] - As of September 30, 2023, total assets less current liabilities stood at HKD 4,600,771,000, compared to HKD 4,584,502,000 as of March 31, 2023, indicating a slight increase[63] - The company reported a total equity of HKD 4,521,415,000 as of September 30, 2023, slightly up from HKD 4,509,323,000 at the end of the previous fiscal year[63] - The total liabilities, including other payables and accrued expenses, rose to HKD 103,308,000 compared to HKD 96,744,000, marking an increase of 6.6%[122] Employee and Operational Metrics - The number of employees increased to 606 from 517, with total employee costs around HKD 140.8 million[22] - The company has adopted a share option scheme to incentivize employees[36] - The company incurred commission expenses of HKD 32,237,000 related to gaming operations during the current period[83] Strategic Focus and Market Position - The group is focused on enhancing customer experience and leveraging brand recognition to strengthen market position amid recovery challenges[16] - The company aims to expand its market presence by enhancing its service offerings and improving customer satisfaction[30] - The company is focusing on expanding its gaming and hotel services, leveraging the recovery in the market post-pandemic[57] - The company is focused on expanding its market presence and enhancing service offerings through strategic partnerships and financing arrangements[126] Investment and Capital Management - The fair value of investment properties increased to HKD 1,507,600,000 as of September 30, 2023, from HKD 1,506,200,000 as of March 31, 2023[47] - The group’s capital commitments for property, plant, and equipment amounted to HKD 2,453,000 as of September 30, 2023, up from HKD 840,000 as of March 31, 2023[118] - The company’s total assets pledged for bank financing include various properties and equipment, reflecting a strategic approach to leverage assets for growth[124] Corporate Governance and Compliance - The company has complied with all provisions of the corporate governance code as per the listing rules during the reporting period[152] - The company adopted a stock option plan on September 19, 2023, with a total of 118,849,098 options authorized and 59,424,549 options available for service providers[147]

香港交易及結算所有限公司及香港聯合交易所有限公司（「聯交所」）對本公告之內容概 不負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任 何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 （於百慕達註冊成立之有限公司） （股份代號：296） 2023/2024年度之中期業績公告 英皇娛樂酒店有限公司（「本公司」）董事會（「董事會」或「董事」）宣佈本公司及其附屬公 司（統稱「本集團」）截至2023年9月30日止6個月（「本期間」）之未經審核簡明綜合業績。 財務摘要 截至9月30日止6個月 2023年 2022年 變動 （未經審核） （未經審核） 千港元 千港元 總收入 371,837 108,563 +242.5% 毛利（損） 133,690 (118,482) 不適用 期間淨溢利（虧損） 12,092 (190,938) 轉虧為盈 ...

Financial Performance - The Group's total revenue decreased to HK$291.1 million for the year ended March 31, 2023, down from HK$415.9 million in 2022, representing a decline of approximately 30%[11]. - Revenue from hotels and serviced apartments increased by 31.0% to HK$203.4 million, accounting for 69.9% of total revenue, compared to 37.3% in the previous year[11]. - The Group recorded a reversal of impairment losses of HK$31.8 million, compared to impairment losses of HK$271.1 million in 2022[11]. - A fair value gain of investment properties was reported at HK$19.7 million, a significant improvement from a fair value loss of HK$143.0 million in the prior year[11]. - Loss attributable to owners of the Company narrowed significantly to HK$98.2 million, compared to HK$528.3 million in 2022, indicating a reduction of approximately 81.4%[11]. - Basic loss per share improved to HK$0.08 from HK$0.44 in the previous year[11]. Tourism and Market Recovery - Visitor arrivals to Hong Kong surged by over 300 times and more than doubled in Macau from Q1 2022 to Q1 2023, indicating a strong recovery in tourism[12]. - The lifting of inbound quarantine measures in early 2023 contributed to a notable rebound in consumption and entertainment sentiments in the region[12]. - Future economic growth in Hong Kong and Macau is expected to benefit the tourism and hospitality industries[38]. Hospitality Operations - The Group operates six hotels and serviced apartments in Hong Kong and Macau, enhancing its hospitality and entertainment services[17]. - The Emperor Hotel, a key asset, features a Michelin-rated restaurant and offers a total of ��� guest rooms, catering to both leisure and business travelers[17]. - Room revenue was HK$85.2 million, up from HK$53.3 million in the previous year[35]. - Gaming revenue decreased to HK$87.7 million, representing 30.1% of total revenue, down from 62.7%[34]. - The Group's total revenue from hotels and serviced apartments included food and beverage revenue of HK$74.0 million[35]. Financial Position and Cash Management - The Group maintains a healthy financial position, funding operations through cash generated from its activities[42]. - As of March 31, 2023, the Group's current assets were HK$566.8 million, down from HK$1,129.9 million in 2022, while current liabilities decreased to HK$253.2 million from HK$309.2 million[43][46]. - The Group maintained a net cash position as of March 31, 2023, resulting in a zero gearing ratio, consistent with the previous year[43][46]. - The Group's bank balance and cash, short-term bank deposits, and pledged bank deposits totaled HK$503.3 million as of March 31, 2023, down from HK$1,049.9 million in 2022[45]. - The Group's strong cash reserves were highlighted as a reason for the share repurchases, which are expected to enhance shareholder value[44][47]. Share Repurchase and Capital Management - The Company repurchased 8,815,000 shares at an aggregate consideration of HK$4.4 million, reducing the total number of issued shares by approximately 0.7% to 1,188,490,983 shares[44][47]. - As of March 31, 2023, all repurchased shares were cancelled, aimed at enhancing net asset value and/or earnings per share[139]. - The total number of shares in issue as of March 31, 2023, was 1,188,490,983, a decrease from 1,197,305,983 in 2022[137]. Employee and Management Information - The Group's total staff costs for the year were approximately HK$257.4 million, down from HK$343.6 million in 2022, with the number of employees decreasing to 517 from 876[57]. - Employee compensation is determined based on individual responsibilities, skills, experience, and market salary levels[60]. - The Company has adopted a share option scheme to encourage or reward employees[60]. - The total number of employees as of March 31, 2023, was 517, down from 876 in 2022[60]. - The remuneration policy for Directors is aligned with business strategy and shareholder interests, ensuring competitive compensation based on market practices[109]. Corporate Governance - The Company has fully complied with all code provisions of the Corporate Governance Code during the Year[172]. - The Board consists of six Directors, including one Non-executive Director, two Executive Directors, and three Independent Non-executive Directors, ensuring a diverse mix of skills and experience[179]. - The Board's gender diversity is relatively high, with four female directors out of six, representing 66.67%[190]. - The Company aims to maintain a target of no less than 30% female directors on the Board, as approved by the Nomination Committee[190]. - The Company has established mechanisms to ensure independent views are available to the Board, including annual meetings between the Chairperson and all Independent Non-executive Directors[183]. Related Party Transactions - The Group had transactions with connected persons, with certain Directors having material interests in these transactions[142]. - The total amount of tenancy transactions with Emperor W&J during the year was HK$3,732,000[147]. - Fees received from SJM under the Hotel Rooms and Catering Agreement amounted to HK$13,690,000 during the year[150].

香港交易及結算所有限公司及香港聯合交易所有限公司（「聯交所」）對本公告的內容概 不負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不會就因本公告全部或 任何部份內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 （於百慕達註冊成立之有限公司） （股份代號：296） 2022/2023年度之全年業績公告 英皇娛樂酒店有限公司（「本公司」）董事會（「董事會」或「董事」）宣佈本公司及其附屬公 司（統稱「本集團」）截至2023年3月31日止年度（「本年度」）之經審核綜合業績。 業績 本集團於本年度之總收入減少至291,100,000港元（2022年：415,900,000港元），其中酒店 及服務式公寓之收入增加31.0％至203,400,000港元（2022年：155,300,000港元），佔總收入 之69.9%（2022年：37.3%）。本年度錄得資產減值虧損撥回31,800,000港元（2022年：減值 虧損271,100,000港元）及投資物業公允價值收益19,700,000港元（2022年：公允價值虧損 143,000,000港元），因此，本公司擁有人應佔本年度虧損大幅縮減至98,200,000 ...

Financial Performance - Total revenue decreased to HKD 108.6 million, down 51.3% from HKD 223.4 million in 2021 due to the termination of gaming operations[13] - The group recorded a loss attributable to owners of HKD 155.7 million, compared to a loss of HKD 84 million in 2021, with a basic loss per share of HKD 0.13[13] - The group reported a loss from continuing operations of HKD 104.95 million for the six months ended September 30, 2022, compared to a loss of HKD 16.86 million for the same period in 2021[36] - The total comprehensive loss for the period was HKD 190.94 million, compared to HKD 102.87 million for the same period in 2021[37] - The company reported a loss before tax of HKD (155,658,000) for the six months ended September 30, 2022, compared to a loss of HKD (83,968,000) in the same period last year, indicating an increase in losses of approximately 85.5%[81] - The company’s total comprehensive loss for the period was HKD (155,658) thousand, compared to a loss of HKD (83,968) thousand in the previous period, indicating a worsening financial performance[43] Revenue Breakdown - Hotel and serviced apartment revenue increased by 14.3% to HKD 84.2 million, accounting for 77.5% of total revenue[21] - Gaming revenue dropped to HKD 24.4 million, down 83.7% from HKD 149.7 million in 2021 following the cessation of gaming operations[23] - The group's gaming revenue decreased to HKD 24,382,000 (2021: HKD 149,731,000), accounting for 22.5% of total revenue (2021: 67.0%) due to the termination of gaming operations[49] - Hotel and serviced apartment revenue increased to HKD 84,181,000 (2021: HKD 73,648,000), representing 77.5% of total revenue (2021: 33.0%), primarily due to service income from the group providing services to 澳娛 and additional rental income from property acquisitions[49] Asset and Liability Management - As of September 30, 2022, the group's current assets and current liabilities were HKD 548.3 million and HKD 279.8 million, respectively, compared to HKD 1,129.9 million and HKD 309.2 million as of March 31, 2022[27] - The company reported a total asset value of HKD 4,515,942 thousand, down from HKD 4,721,272 thousand, reflecting a decrease of approximately 4.4%[41] - The company's total liabilities decreased from HKD 79,541 thousand to HKD 69,560 thousand, a reduction of approximately 12.4%[41] - The company’s equity attributable to owners decreased to HKD 3,634,346 thousand from HKD 3,794,415 thousand, a decline of approximately 4.2%[41] - The company’s total assets pledged as of September 30, 2022, amounted to HKD 613,838,000, a decrease from HKD 1,725,086,000 as of March 31, 2022[102] Shareholder Actions - The company repurchased a total of 8,815,000 shares at an average price of HKD 0.498 per share, reducing the total issued shares by approximately 0.7% to 1,188,490,983 shares as of September 30, 2022[28] - The company repurchased a total of 8,815,000 shares in September 2022, at a total cost of HKD 4,389,375, aiming to enhance net asset value per share[127] - The company declared no interim dividend for the year ending March 31, 2023, compared to HKD 0.015 per share in 2021[86] Market Position and Strategy - The group is optimistic about the long-term development of the industry, particularly in the Greater Bay Area, and aims to strengthen its market position[24] - The group operates six hotels and serviced apartments in Hong Kong and Macau, enhancing its service offerings[14] - The company plans to retain its hotel operations while terminating its gaming business post the service agreement expiration with 澳娛[48] Acquisitions and Investments - The acquisition of The Unit Davis for approximately HKD 490 million contributed to a decrease in cash and bank deposits to HKD 502.4 million as of September 30, 2022[25] - The group completed the acquisition of Ever Explore Holdings Limited for HKD 490 million, expanding its asset portfolio and market position[32] - The acquisition of The Unit Davis property was completed for HKD 490,000,000, aimed at expanding the hotel business and diversifying the revenue base[48] Operational Metrics - Total employee count decreased to 429 as of September 30, 2022, down from 876 as of March 31, 2022, with total employee costs approximately HKD 173.7 million for the period[33] - The company’s management compensation for the six months ended September 30, 2022, totaled HKD 516,000, a decrease from HKD 580,000 in the same period of 2021[110] Cash Flow and Financial Health - The net cash used in operating activities for the six months ended September 30, 2022, was HKD (54,262) thousand, compared to HKD (64,403) thousand for the same period in 2021, indicating an improvement[45] - Cash and cash equivalents at the end of the reporting period stood at HKD 404,523 thousand, down from HKD 671,097 thousand, a decrease of about 39.8%[45] - The group maintained a strong cash position of HKD 437,263,000, with a net cash status and a capital debt ratio of zero, despite utilizing HKD 490,000,000 for acquisitions[51] Related Party Transactions - The company reported related party transactions, including expenses of HKD 889,000 for professional services and HKD 1,741,000 for administrative expenses during the six months ended September 30, 2022[108] - The company’s related party transactions included rental income of HKD 1,883,000 received from a related company during the six months ended September 30, 2022[108]