گرینڈ کوریا لیزر کمپنی لمیٹڈ کے لیے پہلی سہ ماہی کے مالی حالات مایوس کن ہیں۔

ماخذ نوڈ: 852317

In جنوبی کوریا اور مقامی کیسینو آپریٹر گرینڈ کوریا فرصت کمپنی لمیٹڈ has reportedly released its first-quarter financial results showing that its loss for the three-month period had increased by over 354% year-on-year to slightly beyond $33.4 million.

According to a report from GGRAsia, the Seoul-headquartered firm recorded a net profit of about $13.1 million for the initial three months of 2020 but subsequent temporary closures associated with the ongoing کورونا وائرس وبائی saw it finish the year with a fourth-quarter deficit in the region of $29.2 million. ماخذ detailed that Grand Korea Leisure Company Limited is a subsidiary of the Korea Tourism Organization, which is itself affiliated to the Asian nation’s Ministry of Culture, Sports and Tourism, and is responsible for a trio of foreigner-only casinos located inside the ملینیم ہلٹن سیئول, بین البراعظمی سیول Coex اور لوٹے ہوٹل بوسن خواص.

Damaging directives:

گرینڈ کوریا فرصت کمپنی لمیٹڈ reportedly suffered earlier this year as its سیون لک-branded venue in the southern city of بسان was shuttered owing to coronavirus-related concerns for a twelve-week period from November 24 while its pair of sister enterprises in سیول only re-opened from مارچ 15. As such and the company purportedly experienced a decline of 95.3% year-on-year and 64.7% quarter-on-quarter in net first-quarter sales to roughly 4.7 ڈالر ڈالر.

حالیہ بحالی:

However, Grand Korea Leisure Company Limited reportedly used an official filing last week to express optimism regarding the future and explain that its net casino sales for April had risen by 48.4% year-on-year to almost 7.9 ڈالر ڈالر. This purportedly followed a February in which its gambling operation inside the 650-room لوٹے ہوٹل بوسن booked revenues of just $448,000 before company-wide receipts recorded a swell of 1,074% month-on-month in March to top 5.3 ڈالر ڈالر.

Larger lethargy:

GGRAsia used جمعرات کی رپورٹ to divulge that the casino industry in جنوبی کوریا saw its aggregated gaming revenues for 2020 tumble by 64.5% year-on-year to around 926.5 ڈالر ڈالر owing to the upheaval of the coronavirus pandemic. The fall in the nation of nearly 52 million people purportedly coincided with a 71.3% drop in visitations to 1,760,232 and an associated 85.6% decline in the number of foreign tourists entering the country to 2,519,118.

Compatriot crashes:

پیراڈائز کمپنی لمیٹڈ, which is responsible for the giant جنت شہر کے بندرگاہی شہر کے قریب مربوط کیسینو ریزورٹ انچیان as well as smaller hotel-based operations in سیول, بسان اور Jeju, reportedly chalked up a decline of 57.3% year-on-year in net 2020 sales to 299.5 ڈالر ڈالر. اسی طرح، کانگون لینڈ شامل, which runs the only property in the nation where locals are allowed to gamble alongside foreigners, کانگون لینڈ کیسینو, purportedly experienced an even steeper 70% diminution to 395.8 ڈالر ڈالر.

Source: https://news.worldcasinodirectory.com/disappointing-first-quarter-financials-for-grand-korea-leisure-company-limited-94173

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