Sun International
Posts Rise in Earnings
As reported by Reuters: "South
Africa's biggest casino operator, Sun International,
posted a 34 percent jump in first-half adjusted
headline earnings per share on Thursday but
said growth would slow in the second half.
"Adjusted
headline earnings per share in the six months
to end-December rose to 248 cents from 185 cents
in the year-ago period, the company said in
a statement.
"But
headline EPS -- which strips out capital, non-trading
and certain one-off items -- fell to 98 cents
from a restated 221 cents.
"…Sun
International, which owns the popular Sun City
resort north-west of Johannesburg, said revenue
growth from casinos and a brighter outlook at
its hotels and resorts should continue for the
second half of the year…" |
