Home interim results
New Silkroad Culturaltainment said its project to develop an IR on Jeju Island in South Korea remains stalled due to project finance delays.
Belle Corp posted a 52 percent drop in first half revenue as its share of gaming revenue from City of Dreams Manila plunged 87 percent.
SJM Holdings said it doesn’t expect its revenues to return to their pre-crisis levels this year and at present it’s not possible to predict how long the Covid-19 pandemic will continue to affect its business.
Donaco International said it swung to a profit in the September quarter, helped by a strong performance from its property in Vietnam and reduced costs.
Silver Heritage Group said there would be a delay to filing its interim results as it has decided not to prepare the accounts on an ongoing concern basis due to the sale of its operations in Nepal.
Landing International Development swung to a loss in the first half due to an 80 percent drop in gaming revenue.
Suncity Group Holdings said its loss narrowed in the first half, though revenue declined 32.7 percent mainly due to its property development segment.
Hong Kong-listed New Silkroad said revenue at its South Korean casino, on Jeju island, posted a 16.2 percent gain in revenue in the first half, driven by VIP gamers.
The second phase of the Tigre de Cristal’s development in the Primorye Gaming Zone in the Russian Far East is now likely to open in early 2022 following changes to its design, owner Summit Ascent said.
Success Universe, an investor in Macau’s Ponte 16 resort, said it expects its group profit for the six months to end June to be about two to three times the level of the prior year.
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