Paradise Entertainment warns of 1H26 loss on falling EGM sales
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Paradise Entertainment expects to post a loss of HK$82.6 million ($10.6 million) for the six months ended June 30, 2026, a reversal from a profit of HK$177.8 million ($22.8 million) in the same period last year, the company said in a profit warning filed Friday. Revenue from the sale and leasing of…
Paradise Entertainment expects to post a loss of HK$82.6 million ($10.6 million) for the six months ended June 30, 2026, a reversal from a profit of HK$177.8 million ($22.8 million) in the same period last year, the company said in a profit warning filed Friday. Revenue from the sale and leasing of electronic gaming equipment and systems dropped 74.2% during the period, a decline of HK$93.1 million...