Tsogo Sun released its full year 2019 (FY19) results for the period ending 31 March 2019.
The group divides its revenue in segments of gaming, hotel rooms, food & beverages and property rental income. Revenue from beverages and gaming activity has been resilient despite the low consumer confidence sentiment which came in at 9% and 21% growth respectively, compared to the prior period.
The group’s proposed transaction to split its gaming and hotel business into two separate entities and listing it separately on the JSE has been approved by investors.
Click here to download the full report.