Sun International warns of hefty loss and writedowns due to Covid-19
The group has written down its SA assets by about R1.3bn, while the number of its shares in issue almost doubled during its 2020 year
08 March 2021 - 12:17
Casino and gaming group Sun International has warned shareholders to expect a headline loss of as much as R765m, amid a huge profit swing after Covid-19 shuttered operations and prompted it to tap shareholders.
The group said in a trading update on Monday it expected a headline loss per share of between 170c and 290c in its year ended December, from profit of 603c previously...
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