{"id":25016,"date":"2021-11-30T11:43:48","date_gmt":"2021-11-30T14:43:48","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=25016"},"modified":"2026-04-23T13:21:54","modified_gmt":"2026-04-23T16:21:54","slug":"century-confirms-six-month-loss-of-us2-7m","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/century-confirms-six-month-loss-of-us2-7m","title":{"rendered":"Century confirms six-month loss of US$2.7m"},"content":{"rendered":"\n<p>Century Entertainment has shared its financial results for the six months ended 30 September 2021, posting a loss of HK$20.8m (US$2.7m).<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Cambodia.- A week after\u00a0<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/century-expects-a-loss-of-hk20-8m-for-the-six-months-ended-sep-30\">issuing a profit warning<\/a>,\u00a0<strong>Century Entertainment International Holdings\u00a0<\/strong>has confirmed that its loss reached HK$20.8m (US$2.7m) in the six months to the end of September. However, the company stated that it had sufficient working capital to maintain commercial viability due to the financial support of its chairman, Ng Man Sun.<\/p>\n\n\n\n<p>Ng Man Sun, who is also chief executive officer and the company&#8217;s major shareholder, has provided $79.59 interest-free credit to the group, and personally provided guarantees for third-party debts of $62m.<\/p>\n\n\n\n<p>The company attributed the increased loss to the Covid-19 pandemic and delayed\u00a0<strong>re-opening of New Casino at Dara Sakor<\/strong>. The loss for the same period last year was US$6.2m. During the period, the group&#8217;s augmented reality\/virtual reality department had revenue of $200,000 and the game department had no revenue.<\/p>\n\n\n\n<p><a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/century-started-operating-two-gaming-tables-at-new-cambodian-casino\">The Dara Sakor casino<\/a>\u00a0was\u00a0<strong>originally due to open in January<\/strong>\u00a0but the delivery of essential equipment was delayed. The venue finally opened on November 4 and is expected to be fully open by February. It will first operate two gaming tables.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Century Entertainment has shared its financial results for the six months ended 30 September 2021, posting a loss of HK$20.8m (US$2.7m).<\/p>\n","protected":false},"author":176,"featured_media":25037,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Century Entertainment International Holdings reported a HK$20.8m (US$2.7m) loss for the six months ended September 30, 2021, primarily attributed to the Covid-19 pandemic and the delayed opening of its Dara Sakor casino in Cambodia. Despite the loss, the company affirmed its commercial viability, supported by significant interest-free credit and debt guarantees from its chairman, Ng Man Sun, as the casino commenced operations in November.","focusai_entities":"Century Entertainment International Holdings, Ng Man Sun","focusai_location":"Cambodia","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), compliance_legal (0.7), operator_casino (0.8), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Dara Sakor Ramp-Up","query":"What is the projected GGR ramp-up trajectory for the Dara Sakor casino, considering its initial two-table operation and the broader Cambodian market dynamics?"},{"label":"Governance Framework","query":"How does the significant financial support from Chairman Ng Man Sun impact the corporate governance framework and potential conflicts of interest for Century Entertainment International Holdings?"}],"footnotes":""},"categories":[157,16333],"tags":[23768],"class_list":["post-25016","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-south-east-asia-news","tag-century-entertainment-international"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/25016","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=25016"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/25016\/revisions"}],"predecessor-version":[{"id":25050,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/25016\/revisions\/25050"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/25037"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=25016"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=25016"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=25016"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}