HomeNewsVietnamRoyal Ha Long records net loss of $1.2 million

Royal Ha Long records net loss of $1.2 million

April 21, 2021

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)

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