Despite recording net profits of $928.9 million, Supreme Ventures Limited (SVL) saw a decline in income of 25 % when compared to the corresponding period in 2019.
The gaming company attributed the loss to government measures implemented to contain the COVID-19 pandemic which reduced sales.
The entity said that a number of its retail outlets had been closed between April and June to comply with orders under the Disaster Risk Management Act.
During the January to June period, SVL reported $928.9 million in profit, which was a $316 million decline when compared to the same period in 2019.
SVL reported a total of $7.4 billion in gaming income, a decline of close to 1.2 billion when compared to a similar period last year.
The company however revealed that it was continuing expansion works to increase terminals as well as improve online and and virtual terminals.