Net Profit Tigre De Cristal Increased
Tigre de cristal casino located in the gambling area «primorye», fixed the increase in net profit after paying taxes. In addition, the number of customers in the mass sector has increased. This was reported by the taiwanese company-investor firich enterprises co ltd.
Main resort resort – summit ascent holdings ltd – reports its results every six months, in accordance with the rules of the hong kong stock exchange. The company filed a financial report on interim outcomes for the calendar year ended june 30.
Summit ascent results do not quite comply with tigre de cristal business results. Gambling and hotel activity of the company, according to the interim report, are carriy out including 60% share in the subsidiary of oriental regent ltd.
Thus, the revenue of tigre de cristal for the first three quarters of this year reached $ 42 million, which is below last year’s figure – $ 43 million. However, net profit after the payment of real estate tax in the first three quarters of this year was $ 6 million, compared with $ 4 million, recorded in 2017.
Tigre de cristal for the first three quarters of this year was 238,005 people, which exceeds last year’s result (219,233 guests).
Meanwhile, the project for the second phase of the tigre de cristal casino is in the final stage. The scale of the entire casino project will be increased three times after the completion of the work of this stage, thaso to a large number of hotel rooms, recreation facilities and gambling areas.
Summit ascent previously mentioned that at the first stage of the second phase it is planned to invest from $ 250 million to $ 300 million. It will include the expansion of the hotel room foundation, the construction of a new gambling club, as well as a large shopping center. The company plans to complete him by the end of 2020 or early 2021. The implementation of the entire project of the second phase will cost $ 500 million.