Brief: Suncity Group Says HY Total Revenue From Cont Ops To HK$190.4 Mln

LET group

29/08/2022 16:03

Aug 29 (Reuters) - Suncity Group Holdings Ltd  1383.HK :
    * HY TOTAL REVENUE FROM CONTINUING OPERATIONS INCREASED BY
32% TO
HK$190.4 MILLION
    * GROUP REMAINS CAUTIOUSLY OPTIMISTIC ABOUT LONG-TERM
STRATEGIC
POSITIONING IN ASIAN ENTERTAINMENT SPACE
    * HY LOSS ATTRIBUTABLE HK$253 MILLION VERSUS PROFIT OF
HK$384.3
MILLION
    * WILL CONTINUE TO OFFLOAD ASSETS TO AID SURVIVAL BY
FOCUSING ON
MOST PROFITABLE BUSINESS SEGMENTS ONLY
    * GROUP MAY CONSIDER SELLING LAND IN JAPAN AS WELL AS OTHER
ASSETS

Source text for Eikon:  ID:nHKS8PTTZb 
Further company coverage:  1383.HK 

 ((Reuters.Briefs@thomsonreuters.com;))