（Singapore, 01.03.2026) Hong Kong-listed International Entertainment Corporation reported a sharp improvement in interim performance of 2025, driven primarily by stronger land-based casino revenue and increased commission income from its gaming platform operations.
For the six months ended 31 December 2025, the Group recorded revenue of approximately HK$458.9 million, representing a 71.5% year-on-year increase. The growth was largely attributable to higher casino takings and expanded commission income generated from providing gaming platforms to other authorised operators.
Gross profit rose significantly to approximately HK$245.0 million, up 169.4% from HK$90.9 million in the corresponding period last year. Gross profit margin improved markedly to 53.4%, compared with 34.0% previously, reflecting the stronger contribution from higher-margin commission income. The Group also narrowed its net loss by 9.7% to HK$85.8 million.
The improved performance comes alongside ongoing strategic upgrades in the Philippines, where the Group operates its integrated resort and gaming facilities in Metro Manila.
In January 2026, the Group completed renovation works on the casino’s ground floor, expanding gaming capacity. The number of gaming tables increased from 99 to 116, while slot machines and electronic gaming machines rose from 517 to 664 units.
Further facility enhancements are underway, with a grand reopening of the hotel scheduled for July 2026. Management expects the upgraded facilities to improve customer experience, increase occupancy rates, and support sustained growth across both gaming and hospitality segments.
In November 2025, the Group entered into a subscription agreement with DigiPlus Interactive Corp., a leading Philippine gaming operator. Subject to shareholder approval, the Group will issue up to HK$1.6 billion in five-year convertible notes bearing 3% annual interest.
The financing is expected to significantly strengthen liquidity and support long-term expansion plans. Part of the proceeds will be used to fund land acquisition for the expansion of the Group’s integrated resort in Manila, construction of additional hotel rooms, enhancement of resort amenities, and continued upgrades of existing facilities.
Management remains optimistic about the long-term prospects of the Philippine gaming and tourism industries, citing the country’s strategic location in Southeast Asia and growing appeal as a regional travel destination.
With expanded gaming capacity, upgraded hospitality offerings, and enhanced capital resources, the Group is positioning itself to capture further growth opportunities in the evolving Philippine market while working toward sustainable long-term value creation.
