Fall in property values result in earnings slump for Tsogo Sun

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Fall in property values result in earnings slump for Tsogo Sun
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Adjusted HEPS are expected to be between 3% and 7% lower than in the previous year

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Tsogo Sun is best known for its large urban casinos which include Montecasino and Gold Reef City in Gauteng as well as the sprawling Suncoast precinct in Durban. Picture: ISTOCK

Adjusted headline earnings per share were expected to be between 3% and 7% lower than in the previous year, said the group, which previously announced plans to separately list its hotels division.

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