Friday, November 27, 2020

Far East Consortium maintains profitability through April-September period

Far East Consortium reported its April-September results showing a net profit attributable to shareholders of HK$350 million (US$46 million), down by half in year-on-year terms. Revenue was HK$3.1 billion, a decrease of 39.2% compared to the same period the previous year.

Genting Malaysia losses at US$182 million in Q3

Genting Malaysia recorded total revenues of over RM1.4 billion (US$354 million) in the third quarter of 2020, representing a 46 percent decline year-on-year. The group registered a net loss of RM726 million (US$182 million).

Century Entertainment record six-month loss of US$800,000

Century Entertainment International Holdings has reported to the Hong Kong Stock Exchange its financial results for the April-September 2020 period. In this six-month stretch, the firm had losses of approximately HK$6.2 million (US$800,000).

Emperor Entertainment reports six-month revenues down 86.3%

Emperor Entertainment, which operates the Grand Emperor Hotel and the Inn Hotel Macau, has reported revenues at nearly HK$93 million (US$12.1 million) for the April-September six-month period, a figure which was down 86.3 percent year-on-year.

Kingston Financial Group issues profit warning

The Kingston Financial Group, which operates a couple of smaller casinos in Macau, has issued a profit warning, noting that it anticipates a significant decrease of profits of approximately 65 percent for the April-September period.

Aristocrat annual profit down 46.7 percent in FY2020 

Aristocrat Leisure has announced its financial results for the year ended September 30, 2020, noting that its normalized profit after tax and before amortisation of acquired intangibles (NPATA) came in at A$476.6 million (US$348 million), representing a decrease of 46.7 percent.

Century Entertainment issues profit warning on six-month results

Century Entertainment International Holdings has reported to the Hong Kong Stock Exchange that it is expected to record a loss attributable to owners of the company of approximately HK$6.2 million for the period from April-September 2020.

Macau VIP rises 55.7 percent sequentially in Q3

Macau’s VIP GGR in the third quarter of this year registered an increase of 55.7 percent in relation to the previous three months, according to data published by the Gaming Inspection and Coordination Bureau (DICJ).

Genting Singapore ekes out US$40 million profit in Q3

Genting Singapore managed to eke out a S$54.4 million (US$40 million) profit in the third quarter of 2020, in spite of revenues coming in lower by nearly half at S$301 million.

Resorts World Manila loses US$35 million in Q3

The gaming division of Travellers International Hotel Group, the owner and operator of Resorts World Manila, has reported an attributable net loss of PHP1.7 billion US$35 million) for the third quarter of 2020.

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