Tabcorp Holdings: revenue rises, NPAT falls

Company News

by Jessica Amir

Tabcorp Holdings Ltd (ASX:TAH) has announced its net profit after tax has dropped 28.1% to $58.9 million, in the first half of the 2017 financial year, compared to the prior corresponding period.

The gaming and entertainment company also reported its three businesses, Wagering and Media, Gaming and Keno all experienced revenue growth in H1 2017.

Tabcorp’s statutory results were adversely impacted by significant items after tax of $43.8 million.

The company says it’s continuing to improve its customer offering and positioning the company for growth.

Tabcorp Holdings Ltd (ASX:TAH) reported a net profit of $169.7 million at 30 June 2016.
 

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