February 10, 2020 / 12:33 PM / 10 days ago

BRIEF-NagaCorp Says FY Net Profit Increased By 33% To $521.3 Mln

Feb 10 (Reuters) - Nagacorp Ltd:

* FY NET PROFIT INCREASED BY 33% TO US$521.3 MILLION

* FY GROSS GAMING REVENUE INCREASED BY 20% TO US$1.7 BILLION

* FY VIP ROLLINGS INCREASED BY 31% TO US$46.6 BILLION

* A FINAL DIVIDEND FOR SHAREHOLDERS OF COMPANY OF US CENTS 5.09 PER SHAR HAS BEEN PROPOSED

* DECIDED TO RECOMMEND TO DECLARE A SPECIAL “BONUS” TO ALL OF ITS SHAREHOLDERS

* GOT EXTENSION TO EXCLUSIVE RIGHTS TO OPERATE CASINO LICENSE IN PHNOM PENH FOR ADDITIONAL 10 YEARS, FROM JAN 1, 2036 TO DEC 31, 2045 Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)

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