Macau casino investor Success Universe Group Ltd. is not feeling successful in the first half of the year as reflected by its widening net loss and slumping revenues.

Success Universe’s net loss ballooned to HK$12.6 million (US$ 1.62 million) during the January to June 2016 period, a 563 percent surge from the HK$ 1.9-million loss recorded in the prior-year period, the firm reported in a filing to the HongKong Stock Exchange.

On the other hand, Success Universe’s revenue plummeted by 41.7 percent to HK$ 347.1 million (US$ 44.75 million) for the six months to June 30 this year compared to the HK$595.6 million for the same period of 2015.

Gross profit of Success Universe plunged by approximately 50 percent to HK$12.5 million (US$ 1.61 million) from HK$25.3 million (US$ 3.26 million) in 2015.