BRIEF-Star Entertainment Posts HY Normalised Loss After Tax Of A$136 Million

Reuters
15 Apr
BRIEF-Star Entertainment Posts HY Normalised Loss After Tax Of A$136 Million

April 15 (Reuters) - Star Entertainment SGR.AX:

  • HY NORMALISED LOSS AFTER TAX OF A$136 MILLION BEFORE SIGNIFICANT ITEMS

  • FOR FY25YTD, MONTHLY TRADING IN Q2 HAD STABILISED COMPARED TO Q1

  • FOCUSED ON IMPLEMENTING STRATEGIC INVESTMENT BY BALLY’S AND INVESTMENT HOLDINGS

  • FOR FY25YTD, THERE HAS BEEN A SOFTENING IN TRADING DURING Q3

  • H1 FY25 NORMALISED REVENUE OF A$650 MLN

  • STAR SYDNEY REVENUE HAS DECLINED BY 8% IN Q3 COMPARED TO Q2

  • AS AT 11 APRIL 2025, STAR HAD AVAILABLE CASH OF A$98 MLN

  • Q3 REVENUE DOWN BY 9% ACROSS THE GROUP COMPARED TO Q2

Further company coverage: SGR.AX

((Reuters.Briefs@thomsonreuters.com))

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