Nagacorp Ltd
HKEX:3918
Nagacorp Ltd
Common Stock
Nagacorp Ltd
Common Stock Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Common Stock | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
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N
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Nagacorp Ltd
HKEX:3918
|
Common Stock
$55.3m
|
CAGR 3-Years
1%
|
CAGR 5-Years
0%
|
CAGR 10-Years
7%
|
Nagacorp Ltd
Glance View
Nagacorp Ltd., a gaming and hospitality powerhouse, is a jewel in the crown of Cambodia's burgeoning tourism sector. Founded by the dynamic Dr. Chen Lip Keong, the company has its roots in the bustling city of Phnom Penh, where its flagship property, NagaWorld, acts as a magnet for both local and international visitors. NagaWorld is not just a casino; it's a sprawling entertainment complex that combines opulent hotels, diverse dining options, and state-of-the-art gaming facilities. At the heart of its operation lies the casino, where it generates substantial revenue from a mix of mass-market gamers and VIP players. The meticulous design of the gaming floors, with strategically placed slot machines and gaming tables, ensures a seamless flow of patrons, maximizing both foot traffic and profitability. NagaCorp's success story is also intricately woven with its strategic geographic positioning and favorable economic conditions. Cambodia, with its relaxed regulatory environment and growing middle class, serves as an ideal backdrop for Nagacorp's ambitions. The company leverages its monopoly gaming license in Phnom Penh, which is valid until 2045, to effectively corner the market, reducing competition and securing a loyal customer base. Moreover, its symbiotic relationship with neighboring countries, like China, further fuels its growth trajectory. By offering comprehensive entertainment packages that include luxury accommodations and world-class dining, NagaCorp ensures a diversified revenue stream, capturing discretionary spending beyond the gaming tables. This diversification not only enhances revenue stability but also underscores the company's adaptability and forward-thinking approach in the ever-evolving gaming industry.
See Also
What is Nagacorp Ltd's Common Stock?
Common Stock
55.3m
USD
Based on the financial report for Jun 30, 2024, Nagacorp Ltd's Common Stock amounts to 55.3m USD.
What is Nagacorp Ltd's Common Stock growth rate?
Common Stock CAGR 10Y
7%
Over the last year, the Common Stock growth was 0%. The average annual Common Stock growth rates for Nagacorp Ltd have been 1% over the past three years , and 7% over the past ten years .