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PARADISE ENT: NOTIFICATION OF BOARD MEETING DATE
Hong Kong Stock Afternoon Review | The three major indices are rising like a rainbow! The Hang Seng Index reached a new high of 24,000 points in nearly three years, with a rise of nearly 5% and returned to 6,000 points; TechNet and DeepSeek concept stocks
Network Technology stocks rose broadly, KUAISHOU-W increased by 13.89%, Alibaba-W rose by 7.24%; Apple Supplier stocks went up, VSTECS rose by 8.55%, AAC TECH increased by 8.34%; Digital Health stocks surged, Dingdang Health rose by 7.22%, JD HEALTH increased by 5.69%.
Announcement Highlights | Baidu Group will issue 10 billion yuan of senior notes; Jitu Express is expected to turn a profit in 2024 with adjusted net income reaching 0.2 billion dollars year-on-year.
U-PRESID CHINA's revenue for 2024 is 30.332 billion yuan, a growth of 6.09%, with a Net income of 1.849 billion yuan, a year-on-year increase of 10.92%; SOTON JUCHUANG completed the placement of 22 million shares, net raising 0.989 billion Hong Kong dollars.
Paradise Entertainment Expects Profit to Balloon in 2024
PARADISE ENT (01180.HK): Expected annual profit to significantly increase to 0.3819 billion Hong Kong dollars year-on-year.
On March 5, Glonghui announced that PARADISE ENT (01180.HK) expects to record a profit of 0.3819 billion HKD for the fiscal year ending December 31, 2024, compared to 60.9 million HKD in the previous period. The increase in profit during the reporting period is mainly attributed to (i) the rising popularity of live mixed gaming machines set up in the Golden Casino (managed by the group in Macau), along with an increasing number of customers at the casino, which has driven the increase of Gambling revenue generated by the Golden Casino, resulting in an increase of 0.1535 billion HKD or 27.2 in revenue from the management services of Macau casinos.
PARADISE ENT: POSITIVE PROFIT ALERT