Danny Xuda Huang

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    Neptune Group reports net loss of HK$257 million in 2015

    Macau VIP junket Neptune Group Ltd reported a net loss of HK$257 million (US$33 million) in the first half of the fiscal year ended Dec. 31, 2015, compared to a net profit of HK$103.9 million in 2014, according to an interim report released on Monday. Revenue from commission on rolling turnover decreased by 53 percent […]

    Neptune chairman gives bleak view of Macau gaming industry

    Macau’s gaming business has experienced the worst period for quite some time, with improvements coming at a “a snail’s pace,” said Neptune Group chairman Danny Xuda Huang. Following a group net loss of HK$998.6 million ($128.8 million) for the year ended 30 June 2015, compared to profit of HK$515.4 million in 2014, the gaming investor […]