Royal Ha Long records net loss of $1.2 million

Royal International Joint Stock Company, owner of the Royal Ha Long casino reported nearly a VND27 billion loss in the first quarter of 2021, marking the sixth consecutive quarter of loss for the company. 

First quarter revenue was down 24 percent year-on-year. 

Management said that the beginning of the year is usually low season, and also noted the effects of the covid-19 pandemic on tourist numbers. This is expected to impact the coming months as well, said management. 

(Vietnamnet)