NagaCorp Swings to Loss in H1 Despite Revenue Growth; Shares Fall 3%

MT Newswires Live08-28

NagaCorp (HKG:3918) swung to an attributable loss of $963,000 in the first half of the year from an attributable profit of $83.0 million in the year-ago period, according to a Tuesday filing with the Hong Kong Stock Exchange.

The casino resort operator swung to a loss per share of $0.0002 from EPS of $0.0188 in the previous year.

Revenue grew to $292.8 million from $263.0 million a year earlier.

Shares fell 3% during Wednesday's morning trading.

Price (HKD): $3.19, Change: $-0.10, Percent Change: -3.04%

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