Ann: Media Release - H1 FY24 Financial Results, page-2

Here are the highlights.

Star Entertainment share price gains alongside balance sheet

Net revenue of $866 million, down 14.6% year on year

Earnings before interest, taxes, depreciation and amortisation (EBITDA) before significant items of $114 million, down 43.1% from 1H FY 2023

Net profit after tax (NPAT) before significant items of $25 million, down 42.7% year on year

Significant items after tax a loss of $15.9 million, compared to a loss of $1.307 billion in the prior corresponding period

Net cash position of $171 million as at 31 December, up from a net debt position of $596 million as at 30 June