LET Group’s Suntrust Reports Significant Nine-Month Loss

Suncity Group Holdings (HK:1383) has released an update.

Suntrust Resort Holdings, a subsidiary of LET Group Holdings, reported a substantial net loss of 477.56 million pesos for the nine months ending September 2024, largely due to significant operating expenses. Despite achieving a foreign exchange gain, the financial strain was evident as expenses soared compared to the previous year. This performance highlights ongoing challenges within the company, as reflected in their unaudited quarterly report.

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