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Delta Corp Returns to Profit in Q4 2020

Delta Corp Returns to Profit in Q4 2020
Delta Corp Returns to Profit in Q4 2020Reading Time: < 1 minute

 

Delta Corp has reported a profit of Rs1.28 crore (US$176,000) for the last quarter of 2020. That is a fall of 97.7% year-on-year but marks a return to profit after a loss of Rs54.91 crore (US$7.6m) in the prior quarter.

Goa’s casinos, which were closed on March 14 last year, reopened in November at 50% capacity, allowing Delta Corp to record land-based gaming revenue for the first time since Q1.

Revenue for Q4 reached Rs97.51 crore (US$13.4m), down 50% year-on-year.

George Miller began his career in content marketing before joining the HIPTHER team in 2016 as an Editor and Content Manager. His ability to distill complex regulatory data into newsworthy B2B content led to his appointment as Head of Content in 2017.…

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