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Gold Reef Reports Earnings Up

SOUTH AFRICA – As reported by the iAfrica News: "Gold Reef Casino Resorts has reported a 12.1 percent rise in headline earnings per share to 102.1 cents for the year ended December 2005 from 91.1 cents a year earlier.

"A dividend of 51 cents per share was declared, covered twice by HEPS, compared with 48 cents a year ago.

"The company attributed the results to strong trade and good cost control at its casinos. Group revenue was up 10.3 percent to R1.2-billion and profit attributable to shareholders increased 20 percent to R230.7-million…"

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