Delta Corp Reported On Financial Results For The Third Quarter

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January 14, 2022
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Shares of delta corp, the largest casino operator of india, fell by 2%, despite the stable profit and revenue growth in the third quarter of 2018.

Delta Corp Reported On Financial Results for The Third Quarter

Profit for the three months ended dechember 31, 2018, reached 50.5 crore rupees, which is 13% more compared to the same period last year and the revenue reached 205.8 crore rupees (the growth was 26.Nine%).

According to the results obtained, the increase in revenue was mainly due to the growth of gaming operations and income from online gambling. The volume increased by 29.6% and 33.1%, respectively. However, revenues from the hotel business and other segments fell by 16.8%.

Despite the good financial results in the third quarter of 2018, the share price of delta corp fell by 2% on thursday, january control report.

The company announced interim dividends in the amount of 0.6 rupees per share.

Recall: in november 2018, delta corp announced its intention to build an integrated resort on goa, if the government gives the appreate permission.

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