Sun International: Proactive management will help Sun rise again
An easing in Covid restrictions and interprovincial travel will enable the group to ramp up the opening of its casinos and hotels
Sun International has operations in Africa and Latin America, so the interim results (for the six months to June 2020) gives a good indication of the impact of Covid-19 on the leisure sector, domestically and globally.
Group income fell 56% to R3.7bn with an operating loss of R706m, as operations across the portfolio suffered from closures for almost half the period...
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