SkyCity Entertainment has reported a 73.1% decline in net profit after tax for the six months to December 31, 2024.
The company's reported net profit was $6.1 million, compared to $22.5m in the same period last year.
Underlying net profit also decreased by 41.5% to $37.8m.
Reported revenue from continuing operations was down 5.2% to $422m, while underlying revenue decreased by 4.7%.
As a result of the weaker half-year performance, SkyCity has revised its full-year underlying group ebitda guidance to a range of $225m to $245m.
The company said there will be no interim dividend for the 2025 financial year.
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