Regardless of bettering its monetary outlook, Cambodian gaming operator NagaCorp shouldn’t be anticipated to return to pre-COVID ranges of gaming operations, score company S&P World Scores signifies in a latest dispatch.
Based on the company, the main gaming operator in Cambodia has notably improved its liquidity place because of a big discount in refinancing danger following a compensation of excellent senior unsecured notes in July of this yr.
NagaCorp additionally managed its money flows prudently since 2022, prioritizing debt compensation and limiting money dividends and capital expenditures (capex).
In full: https://agbrief.com/information/cambodia/07/08/2024/nagacorp-with-brighter-financial-outlook-pre-pandemic-level-recovery-unlikely-sp-global-ratings/