Success Universe announced that it expects to record a loss after tax for the six months ended 30 June 2015, compared with a year-on-year profit of HKD47.7 million ($6.15 million).
The company said this is due to a further decrease in the group’s shared profit from Ponte 16, an integrated casino resort and the company’s flagship investment. The profit warning follows an announcement in July in which the casino investor said it expected to record a significant decline in results for the first six months of 2015.
“As a result, the Group is expected to record an unaudited consolidated loss after tax for the six months ended 30 June 2015 as compared with an unaudited consolidated profit after tax for the last corresponding period.”
Asia Gaming Brief is a news and intelligence service providing up to date market information for worldwide executives on relevant gaming issues in Asia.
ASIA GAMING BRIEF
PO Box 1139, Macau SAR
Tel: +853 2871 7267
Fax: +853 2871 7264