{"id":777011182,"date":"2023-11-16T06:41:17","date_gmt":"2023-11-16T09:41:17","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777011182"},"modified":"2023-11-16T08:30:01","modified_gmt":"2023-11-16T11:30:01","slug":"universal-entertainment-posts-net-sales-of-us297-5m-for-q3","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/universal-entertainment-posts-net-sales-of-us297-5m-for-q3","title":{"rendered":"Universal Entertainment posts net sales of US$297.5m for Q3"},"content":{"rendered":"\n
Okada Manila posted a gross gaming revenue of PHP12.3bn for the third quarter of the year.<\/p>\n\n\n\n\n\n\n\n
The Philippines.-\u00a0Universal Entertainment Corp\u00a0has recorded\u00a0net sales of\u00a0JPY44.8bn (US$297.5m) for the third quarter of the year. That’s a rise of 38.7 per cent when compared to last year. The company posted a net loss of JPY5.8bn. Adjusted EBITDA grew 63.2 per cent to JPY12.9bn (US$85.7m).\u00a0<\/p>\n\n\n\n
Despite a slowdown in pachislot sales, the company saw growth in pachinko machine sales, driving a 58 per cent increase in gross profit for the segment to JPY6.8bn. Overall machine sales rose 43 per cent to 36,762 units.<\/p>\n\n\n\n