Aug 4 (Reuters) - Australia's biggest horse-race betting company, Tabcorp Holdings Ltd (TAH), on Friday posted a 3.8 percent fall in full-year underlying profit, in line with guidance and forecasts, but swung to a net loss after one-off costs.
The company reported net profit, before significant items, of A$178.9 million ($142.23 million) for the year to June 30, compared with A$185.9 million a year ago. That was in the upper end of guidance given a month ago for profit between A$173 million and A$180 million.
Its statutory loss was A$20.8 million after one-off costs related to its A$6.15 billion buyout of lottery owner Tatts Group Ltd (TTS), and a previously flagged impairment charge for online wagering business Sun Bets. ($1 = 1.2579 Australian dollars)
News: Australia's Tabcorp posts net loss after merger costs
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Last
72.3¢ |
Change
0.003(0.35%) |
Mkt cap ! $1.651B | |||
| Open | High | Low | Value | Volume |
| 72.5¢ | 72.5¢ | 71.5¢ | $297.6K | 412.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 481813 | 72.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 72.5¢ | 52847 | 24 |
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| Last trade - 11.35am 13/08/2025 (20 minute delay) ? |
| TAH (ASX) Chart |