SKYCITY Entertainment Group (ASX:SKC)
has released interim results guidance for the six months to 31 December 2015.
The company forecasts reported 1H16 NPAT will fall between $69 million and $71 million, marking a 26 per cent to 30 percent increase.
The casino owner and operator attributes the results to strong trading performance by all New Zealand businesses, alongside significantly lower funding costs.
SKYCITY plans to announce its final 1H16 results on Thursday 11 February 2016.
SKYCITY Entertainment Group recorded a net profit of $114 million at 30 June 2015.