The owner of Dreamworld and other leisure assets Ardent Leisure Group
(ASX:AAD) has reported a net loss after tax of 15.6 million for the half year to December 2017.
Aardent’s net loss has reduced from $49 million for the prior corresponding period.
Revenue fell almost 12 per cent to $266 Million.
Its underlying earnings (EBIT) fell 38 per cent to $30 million.
The company has maintained a distribution of 2 cents a security.
Aardent says its theme parks continue to be impacted by the Dreamworld incident but are showing improving trends in visitation and revenue.
Shares in Ardent Leisure
(ASX:AAD) are trading up 2.65 per cent to $1.94