Anthony Leeming-led Sun International posts $52-million profit in H1 2024
Sun International, led by South African executive Anthony Leeming, reports surge in profit, driven by discontinued operations and revenue growth.
Sun International, led by South African executive Anthony Leeming, reports surge in profit, driven by discontinued operations and revenue growth.
With Leeming at the helm, the leading hospitality and leisure group will sell a 43.3-percent equity stake in TCN, which operates the Federal Palace Hotel in Lagos.
Sun International CEO Anthony Leeming affirmed that the capital expenditure will be funded from the group’s cash flows
From Sun International to Emperors Palace and the diversified Peermont Group, witness the transformative influence of Leeming in shaping the hospitality industry.
Under Leeming, Sun International has seen a remarkable increase in its share price, with its market cap. exceeding $570 million.
To fund this strategic acquisition, Sun International is opting for a strategic infusion of new debt.