SkyCity Entertainment Group Limited 2022 Interim Result
Summary of six months to 31/12/21
Reported: Net Profit After Tax: -$33.7m (-$111.6m) -143.3%
Normalised: Net Profit After Tax: -$19.5m (-$62.7m) -145.3%
Name of Listed Issuer: SkyCity Entertainment Group Limited
CONSOLIDATED OPERATING STATEMENT
Current Interim Period NZ$: Up/Down %: Previous Corresponding Period NZ$
REPORTED REVENUE (excl GST) FROM CONTINUING OPERATIONS
$289.8m: down 35.6%: $449.9m
TOTAL REPORTED REVENUE (excl GST)
$289.8m: down 35.6%: $449.9m
REPORTED NET PROFIT FROM CONTINUING OPERATIONS
-$33.7m: down 143.3%: $77.9m
TOTAL REPORTED NET PROFIT
-$33.7m: down 143.3%: $77.9m
EARNINGS PER SHARE (REPORTED)
-4.5cps: down from 10.3cps
NORMALISED REVENUE (incl GST)
$260.8m: down 32.6%: $386.9m
NORMALISED NET PROFIT
-$19.5m: down 145.3%: $43.2m
EARNINGS PER SHARE (NORMALISED)
-2.6cps: down from 5.7cps
INTERIM DISTRIBUTION
There will be no interim FY22 dividend paid
INTERIM RESULT ANNOUNCEMENT
Refer Investor Presentation - attached
Some stocks gave back some of their recent rises today.
The Government is ‘unaware of a strong business case’.
Some investors caution against thinking that the rapid pace of gains can continue.
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