SGR 1.98% 51.5¢ the star entertainment group limited

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

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    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
 
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