Sun International’s SA revenue bounces back after lockdown
10 November 2020 - 12:37
Casino and gaming group Sun International, which recently fended off a hostile takeover bid as Covid-19 battered its finances, says it has experienced a strong post-lockdown recovery in SA, and has managed to cut debt.
The owner of the Sun City Resort said on Tuesday that cost-cutting efforts are bearing fruit, and as of end-September the group’s SA debt, excluding lease liabilities, was at R8.5bn compared with R9.6bn at end-June...
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