Gelonghui October 3rd 丨Golden World Holdings (03918.HK) announced,According to the company's unaudited accounts for the nine months ended September 30, 2023, it has been observed that the turnover of the midmarket division from the beginning of 2023 to the present (“electronic gaming machine”) has increased by 7.8% compared to the same period last year.
In the three months ending September 30, 2023, mid-market betting chip growth accelerated, with a year-on-year increase of 18.5% over the same period last year. This is mainly due to the satisfactory performance of high-limit gaming zones and the increase in per capita consumption of customers.
From the beginning of 2023 to date, the transcoding of the high-end VIP market increased 35.2% compared to the same period last year. The average daily transcoding for the VIP Referral Marketplace segment from the beginning of 2023 to date increased by 43.3% over the same period last year.
Total gaming revenue from the beginning of 2023 to date was US$379 million, an increase of 12.1% year-on-year over the total gaming revenue of US$338 million in the same period last year. Unaudited preliminary profit before interest, taxes, depreciation and amortization (“EBITDA”) from the beginning of 2023 to date was US$215.4 million, an increase of 17.4% over the same period last year.
As of September 30, 2023, the Group had cash and cash equivalents of US$297.6 million. The company's net debt (calculated as total liabilities minus cash and bank balances) is approximately $1.746.