SkyCity Entertainment Reports 0.3% Rise in Fiscal 2024 Revenue, Profit Swings to Loss

MT Newswires Live08-22

SkyCity Entertainment Group (ASX:SKC, NZE:SKC) reported Thursday that it swung to a loss per share in the fiscal year ended June. 30 to NZ$0.189, compared with the prior-year period's earnings of NZ$0.011 per share.

Revenue from continuing operations was NZ$928.5 million, up 0.3% from NZ$926.1 million in the same period last year.

The gambling and entertainment business has suspended all dividends until at least the end of the 2025 financial year.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment