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Sunday revenue and EBITA has shown significant improvement over the years but in 1999 the company still has a net loss of HK$747mn and expects to break even within 2001. SUNDAY may have to take a big loan to finance 3G (increasing its debt/equity ratio) but that is quite difficult, given that SUNDAY still has not break even yet...
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SUNDAY may have to take a big loan to finance 3G (increasing its debt/equity ratio) but that is quite difficult, given that SUNDAY still has not break even yet. Another option would be to do a JV or partner up with company with stronger financial performance in the region who will help them finance the 3G investment...
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