Phu Quoc Tourism Development And Investment Joint Stock Company reported sharp declines in casino revenue during the pilot program.

Phu Quoc Tourism Development And Investment Joint Stock Company faced a significant drop in casino performance in 2024 as Vietnamese visitors decreased by 12% and revenue from this group plunged 71%. Despite generating VND 13,636 billion in gross casino revenue over five years, the entire project still recorded a cumulative loss of VND 4,239 billion due to high depreciation costs. The company also reported a post-tax loss of nearly VND 564.4 billion in the first half of the year, pushing undistributed earnings to more than negative VND 5,500 billion.

Phu Quoc Tourism Development And Investment Joint Stock Company faced a significant drop in casino performance in 2024 as Vietnamese visitors decreased by 12% and revenue from this group plunged 71%. Despite generating VND 13,636 billion in gross casino revenue over five years, the entire project still recorded a cumulative loss of VND 4,239 billion due to high depreciation costs. The company also reported a post-tax loss of nearly VND 564.4 billion in the first half of the year, pushing undistributed earnings to more than negative VND 5,500 billion.

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