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Monday, 16 June 2008
Despite a challenging economic climate Supreme Ventures Limited managed to record improved financial results for the six month period ended April 30.
There were fears that the increase in the cost of living would have put a damper on the gaming and lottery sector.
However, for the November to April period Supreme Ventures says it achieved a net profit of $349 million, a 52% increase over last year's $229 million.
Overall, the company's revenue position showed significant improvement over the corresponding period last year.
Supreme Ventures earned $10.8 billion for the period under review compared to $9.1 billion in 2007.
The company says this was due to the positive contribution by most of its business segments during the six months.