Gross fixed capital formation fell sharply by 88.3% to us$ 117 million

Macau: Authorities released official report on the gaming sector for 2008

2009-11-20
Reading time 29 seg

However, Gross Fixed Capital Formation fell sharply by 88.3% to us$ 117 million upon conclusion of the construction of major tourism and gaming facilities, as well as suspension of other projects.
   
Total Receipts reached us$ 14.1 billion, of which receipts from Gaming & Related Services such as food & beverages, currency exchange, etc. amounted to us$ 14 billion, an increase of 30.6% from 2007; Interest Receipts dropped by 31.3 % to us$ 20.6 million.
   
Total Expenditure amounted to us$ 7.3 billion, with Purchase of Goods & Commission Paid soaring by 37.7 % from 2007 to us$ 4.1 billion (56.8 % of total); meanwhile, Operating Expenses (us$ 1.3 billion) and Compensation of Employees (us$ 1.3 billion) increased by 11.4 % and 23.2 % respectively.

Related topics:
Leave your comment
Subscribe to our newsletter
Enter your email to receive the latest news
By entering your email address, you agree to Yogonet's Terms of use and Privacy Policies. You understand Yogonet may use your address to send updates and marketing emails. Use the Unsubscribe link in those emails to opt out at any time.
Unsubscribe
EVENTS CALENDAR