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Success Universe issues positive profit alert

by Newsdesk

Tue 21 Aug 2018 at 05:49

Macau 5 and 4 star hotel occupancy over 91% in April

Macau casino investor Success Universe has issued a positive profit alert ahead of its 1H18 results announcement next week.

The group said late Monday that it expects to record an unaudited consolidated profit for the six months to 30 June compared with a loss for the same period last year. The profit is mainly attributable to fair value gain on investment properties of the group and its share in revenue from Macau peninsula casino Ponte 16.

Success Universe said it will release its full results for 1H18 before 30 August.

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Tags: Macau profit results Success Universe

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The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

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