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Sun International continues to achieve growth, despite a weak economy

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Resort hotel chain and casino group, Sun International released its annual results on Monday reporting a 7% rise in group revenue. Adjusted headline earnings is up 4% while adjusted headline earnings from continuing operations fell 3% with Sun City's income falling by the same margin. The group has taken the decision to reduce the value of this asset by R306 million after it fell into an operating loss the previous year.

Other operations that are under pressure include Carnival City, Boardwalk and Table Bay while Sun Dreams, Sun Slots and Time Square grew during the period.

Sun International CEO Anthony Leeming, speaks to Business Day TV about their latest results and what it means for the company's growth trajectory.
18 Mar 2019 3AM English South Africa Business · Business News

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