
"Profit Warning" INT'L ENT forecasts annual pre-tax loss to expand to at least 260 million yuan
INT'L ENT (01009.HK) issued a profit warning, expecting a pre-tax loss of no less than HKD 260 million for the fiscal year ending in June, compared to a loss of HKD 162 million in the previous year. The increase in losses is mainly due to higher general and administrative expenses; increased sales and marketing expenses; one-time write-offs of properties, plants, and equipment due to the removal of leased renovations under the casino; and increased bank borrowing interest expenses
