Mar 4th 2008, 22:44 RCP Royal Chartered Properties
by Kavai Onizuka
Sim Filled Ahead of Schedule
Our sim of Saint Lucia has came online this Sunday, and after 2 days of intensive sales we have reached our occupancy goals far ahead of our schedule of 30 days. This should have a positive impact on our revenues and the results for this quarter.We are commencing sales operation on Montego Island and we anticipate reaching our occupancy goals within 7 days.
We anticipate our dividend for this fiscal quarter to be 5.5 cents per share, at the top range of our estimates of 3.5-6.25 cents per share.
Dividends will be issued quarterly.
We are also issuing revenue guidance of 1,150,000 L$.
We are also issuing costs estimates to be 650,000 L$.
We anticipate a profit of 500,000 L$ for this quarter.