Nagacorp (03918.HK) announced that for the six months ended June 30, 2024, the company's gambling total revenue increased by 12.3% to $283,400,000 from $252,300,000 in the same period last year; while mid-term gambling total revenue increased by 17.8% to $192,000,000 from $162,900,000 in the same period last year.
The gross profit (excluding gambling tax) increased by 14.0% to $231,000,000 from $202,700,000 in the same period last year. The net loss was $1,000,000, while the net profit was $83,000,000 in the same period last year, mainly due to the non-cash impairment loss of $89,100,000 recognized for the company's Vladivostok project during the period.
