JULY/AUGUST 2019 BCBUSINESS 71
to the Burquitlam SkyTrain station. The
almost-nished Victoria project, launched
in 2014, will come in at 113 homes.
Great Canadian Gaming Corp.
REVENUE CHANGE: 98.8%
NET INCOME: $239.8 million
NET INCOME CHANGE: 179.8%
The Coquitlam-based casino owner's B.C.-
related revenue dipped slightly in 2018, to
$355 million. But Great Canadian Gaming
more than made up for that loss with gains
at its Ontario operations, which raked in
$731 million, dwarng 2017's $124 million.
The company's Ontario branch accounted
for 60 percent of its 2018 revenue, way up
from 20 percent the previous year. (B.C.
shrank from 58 percent to 29.) That was
mostly thanks to a couple of huge deals,
including the purchase of seven gambling
facilities in the Greater Toronto Area, plus
the opening of a casino in Peterborough.
B2Gold Corp.
REVENUE CHANGE: 91.4%
NET INCOME: $58.46 million (converted
from USD)
NET INCOME CHANGE: –26.9%
On the whole, gold had a tumultuous
2018, starting out strong and dropping
hard before a modest recovery. But that
'uctuation didn't stop Vancouver-based
B2Gold from having a big year, produc-
ing 51 percent more of the precious metal
than it did in 2017. The rm's Fekola Mine
in southwest Mali outpaced expectations
in its rst full year of operation, while the
RANK COMPANY REVENUE 2018 ($000) REVENUE 2017 ($000) % CHANGE
1 Concert Properties 748,926 174,399 329.4
2 Great Canadian Gaming Corp. 1,221,000 614,300 98.8
3 B2Gold Corp. 1,587,312 c 829,386 c 91.4
4 BID Group 700,000 400,000 75
5 Conifex Timber 669,900 469,700 42.6
6 China Gold International Resources Corp. 739,288 c 534,869 c 38.2
7 Premium Brands Holdings Corp. 3,025,800 2,198,300 37.6
8 Super Save Group 518,000 387,000 33.9
9 BC Investment Management Corp. 416,563 313,536 32.9
10 Seaspan Corp. 1,420,516 c 1,079,557 c 31.6
c=converted from USD at 1.2957 (2018) and 1.2986 (2017) Revenue is by fiscal year
METAL SHOP
B2Gold's Fekola
Mine in Mali beat
expectations
COURTESY OF B2GOLD CORP.
BIGGEST REVENUE GAINERS BY PERCENTAGE
