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)
