Estoril Sol, Sgps, S.A. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 29, 2019 at 10:36 am EST
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Estoril Sol, SGPS, S.A. Announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was EUR 59.929 million compared to EUR 59.113 million a year ago. Net income was EUR 5.075 million compared to EUR 5.691 million a year ago. Basic earnings per share was EUR 0.43 compared to EUR 0.48 a year ago. For the nine months, sales was EUR 171.915 million compared to EUR 167.562 million a year ago. Net income was EUR 12.038 million compared to EUR 14.410 million a year ago. Basic earnings per share was EUR 1.01 compared to EUR 1.21 a year ago.
Estoril-Sol, SGPS, S.A. specializes in owning and operating casinos. Net sales break down as follows:
- casino operation (70.7%): owned, at the end of 2022, three casinos located in Estoril (2) and Povoa;
- online casino games operation (29.3%).
All net sales are in Portugal.