{"id":256,"date":"2024-06-27T02:40:30","date_gmt":"2024-06-26T23:40:30","guid":{"rendered":"https:\/\/spindimensionnodepositbonuscodes.icu\/2024\/06\/27\/sts-holding-reports-7-4-income-increase-in-q1-2023\/"},"modified":"2024-06-27T02:40:30","modified_gmt":"2024-06-26T23:40:30","slug":"sts-holding-reports-7-4-income-increase-in-q1-2023","status":"publish","type":"post","link":"https:\/\/spindimensionnodepositbonuscodes.icu\/2024\/06\/27\/sts-holding-reports-7-4-income-increase-in-q1-2023\/","title":{"rendered":"STS Holding Reports 7.4% Income Increase in Q1 2023"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/3JWkLGqYEE4\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>STS Holding&#8217;s income increased by 7.4 percent in the initial three months of the year.<\/p>\n<p>STS Holding announced first-quarter earnings of 152.8 million Polish zloty (roughly \u00a329.2 million\/\u20ac33.6 million\/$36.4 million), representing a 7.4 percent rise compared to the same period last year.<\/p>\n<p>Mateusz Juroszek, the head of STS Holding, stated that the quarter was a triumph, even surpassing STS Holding&#8217;s record-breaking first quarter of 2022.<\/p>\n<p>&#8220;We achieved very positive operational and financial outcomes in the initial three months of 2023,&#8221; Juroszek remarked. &#8220;Key operational metrics improved compared to the first quarter of 2022, which was a record period in the company&#8217;s history.&#8221;<\/p>\n<p>&#8220;Despite the high base of the first quarter of 2022, we accomplished better results, and in terms of net profit, the previous quarter was a record for STS.&#8221;<\/p>\n<p>Of the total income, 152.8 million Polish zloty originated from STS Holding&#8217;s retail division, while 126.6 million Polish zloty stemmed from online betting.  A small amount, 79,815 Polish zloty, was attributed to value not allocated to segments.<\/p>\n<p>STS Holding&#8217;s operational expenditures in the quarter reached 83.1 million Polish zloty, a 4.3 percent increase compared to the first quarter of 2022.<\/p>\n<p>The operator&#8217;s online betting segment generated 58.3 million Polish zloty in expenses, while the retail segment accounted for 23.2 million Polish zloty of total expenses.  Value not allocated to segments amounted to 1.4 million Polish zloty, accounting for the remaining total.<\/p>\n<p>Of the expenses, personnel expenditure costs were the highest, totaling 25.5 million Polish zloty. Marketing expenses reached 18.4 million Polish zloty, while the cost of organizing betting services was 13 million Polish zloty. <\/p>\n<p>Three hundred million.<\/p>\n<p>Administrative, property, and transportation costs are just a few of the many expenditures that make up the remaining sum.<\/p>\n<p>Other operational costs amounted to 422.7 million Polish zloty.<\/p>\n<p>This resulted in an operating gain of 70.3 million Polish zloty for the period. After adding financial revenue of 3.1 million Polish zloty and subtracting financial expenditures of 2.1 million Polish zloty, profit before taxes for the year was 71.3 million Polish zloty, a rise of 11.5%.<\/p>\n<p>After paying income tax of 15 million Polish zloty, net profit for the period was 56.2 million Polish zloty, a rise of 11.5%.<\/p>\n<p>Gamblers wagered 1.19 billion Polish zloty on STS Holding during the period, a rise of 11.5%.<\/p>\n<p>Subscribe to the iGaming newsletter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>STS Holding&#8217;s income increased by 7.4 percent in the initial three months of the year. STS Holding announced first-quarter earnings of 152.8 million Polish zloty (roughly \u00a329.2 million\/\u20ac33.6 million\/$36.4 million), representing a 7.4 percent rise compared to the same period last year. Mateusz Juroszek, the head of STS Holding, stated that the quarter was a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>STS Holding Reports Record First-Quarter Earnings<\/title>\n<meta name=\"description\" content=\"STS Holding announced a 7.4% increase in first-quarter earnings, exceeding last year\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/spindimensionnodepositbonuscodes.icu\/2024\/06\/27\/sts-holding-reports-7-4-income-increase-in-q1-2023\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:type\" content=\"article\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:title\" content=\"STS Holding Reports 7.4% Income Increase in Q1 2023\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"STS Holding announced a 7.4% increase in first-quarter earnings, exceeding last year\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/spindimensionnodepositbonuscodes.icu\/2024\/06\/27\/sts-holding-reports-7-4-income-increase-in-q1-2023\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Discover the Best Online Casino Games | Licensed &amp; Trusted\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-26T23:40:30+00:00\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"author\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" class=\"yoast-seo-meta-tag\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/spindimensionnodepositbonuscodes.icu\/2024\/06\/27\/sts-holding-reports-7-4-income-increase-in-q1-2023\/\",\"url\":\"https:\/\/spindimensionnodepositbonuscodes.icu\/2024\/06\/27\/sts-holding-reports-7-4-income-increase-in-q1-2023\/\",\"name\":\"STS Holding Reports Record First-Quarter Earnings\",\"isPartOf\":{\"@id\":\"https:\/\/spindimensionnodepositbonuscodes.icu\/#website\"},\"datePublished\":\"2024-06-26T23:40:30+00:00\",\"dateModified\":\"2024-06-26T23:40:30+00:00\",\"author\":{\"@id\":\"https:\/\/spindimensionnodepositbonuscodes.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"STS Holding announced a 7.4% increase in first-quarter earnings, exceeding last year\",\"breadcrumb\":{\"@id\":\"https:\/\/spindimensionnodepositbonuscodes.icu\/2024\/06\/27\/sts-holding-reports-7-4-income-increase-in-q1-2023\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/spindimensionnodepositbonuscodes.icu\/2024\/06\/27\/sts-holding-reports-7-4-income-increase-in-q1-2023\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/spindimensionnodepositbonuscodes.icu\/2024\/06\/27\/sts-holding-reports-7-4-income-increase-in-q1-2023\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/spindimensionnodepositbonuscodes.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"STS Holding Reports 7.4% Income Increase in Q1 2023\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/spindimensionnodepositbonuscodes.icu\/#website\",\"url\":\"https:\/\/spindimensionnodepositbonuscodes.icu\/\",\"name\":\"Discover the Best Online Casino Games | Licensed &amp; Trusted\",\"description\":\"Explore the dynamic world of online gambling with our licensed casino. 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