00582.HK, which issued a profit warning, expects consolidated income to rise by about 80 per cent and consolidated net loss to fall by about 15-35 per cent in the medium term by the end of June.
The company pointed out that the increase in comprehensive income and the decrease in comprehensive net loss were mainly due to a series of marketing activities that promoted local consumption in Jeju Myth World, which led to a significant increase in revenue generated by the integrated resort division; an increase in residential property sales activities; and strict cost control reduced operating expenses.