Sun International cuts dividends

Sun International cuts dividends

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business1 December dividends Featured hotel SA Business Sun International

Casino and hotel giant Sun International has cut dividends down to zero for the period ended December, citing tough trading conditions, debt reduction and the need to complete the initiative at Time Square in Pretoria. Adjusted headline earnings of R232m for the year are 35% below the prior year – with diluted adjusted headline earnings
Source: The New Age

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