NagaCorp (HK:3918) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
NagaCorp Ltd. reports a 12.3% increase in Gross Gaming Revenue to US$283.4 million and a 14.0% rise in gross profit to US$231.0 million for the first half of 2024, despite a net loss of US$1.0 million due to a non-cash impairment on the Vladivostok Project. The company’s Mass Market segment showed significant growth, driving business with a 17.8% increase in revenue. Financial stability is highlighted by the successful discharge of US$472.2 million senior notes and a stable outlook from credit rating agencies.
For further insights into HK:3918 stock, check out TipRanks’ Stock Analysis page.