Universal Entertainment Expecting $165.3 million loss in 2021
Universal Entertainment Corp is expecting to record a loss of JPY18.8 billion ($165.3 million) for the year ended December 31, 2021.
The company based the estimates on the orders received in its Amusement Requirements Business, as well as the fourth-quarter results of Tiger Resort Leisure and Entertainment Inc, which operates Okada Manila in the Philippines.
The forecasted loss is slightly narrowed from a loss of JPY19.2 billion in the prior-year period.
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