OWG浅谈

Background
-Tourism&Catering industry
-30 food service operation outlets ended 2015.
-43 food service operation outlets ended 2016
"TOP, KOMTAR Tower, Penang", "Wet World Water Park Shah Alam", "Escape Room"

Current Quarter vs. Preceding Year Corresponding Quarter
-The decrease in profit before tax of RM3.27 million was due mainly to the start-up costs for The TOP, KOMTAR Tower, Penang of RM3.00 million before 18 December 2016.

Current Year to-date vs. Preceding Financial Year Corresponding Period
-Revenue increase 20%,  mainly from "The TOP, KOMTAR", new food service operation outlets on 17 December in "Skyway Avenue, Genting" and other existing food service operation outlets.
-decrease in profit due to the start-up costs for The Top, KOMTAR, Penang

News:
-14 outlets will be closed with effect from 12 February 2017 to facilitate the on-going redevelopment and transformation of Resorts World Genting, relocation of the Affected Outlets in newer areas of Resorts World, not have any operational impact  but may have a financial impact to the Group as the Affected Outlets contributed approximately 39% and 59% to the total revenue and profit before taxation of the Group for the financial year ended 30 June 2016,respectively

还不错，就是PE太高，短时期云顶那边会影响profit。


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