The Sun International group announced that it has changed its financial year end from 30 June to 31 December in order to align with its Chilean operations.

The company also announced that a reasonable degree of certainty exists that the financial results for the six months ended 31 December 2016 when compared to the results for the corresponding period, are likely to be as: Diluted adjusted headline earnings per share, is likely to be between 189 cents and 223 cents per share or 35% to 45% lower when compared to the corresponding period's reported diluted AHEPS of 344 cents per share; Earnings per share is likely to be between 75 cents and 120 cents per share or 117% to 128% higher when compared to the corresponding period's reported loss of 453 cents per share; and Headline earnings per share is likely to be between 260 cents and 305 cents per share or 155% to 165% higher when compared to the corresponding period's reported loss of 473 cents per share. The expected difference between EPS and HEPS is primarily due to impairment charges of R208 million of the Carousel assets (R156 million after tax) as a result of the likely negative impact Time Square will have on Carousel's revenue and ZAR 61 million (ZAR 34 million attributed to the group) of the Sun Nao Casino assets due to its continued underperformance.