Domain Holdings NPAT slips 14.2 per cent

Company News

by Rachael Jones

Domain Holdings Australia (ASX:DHG) today released its results for the half-year to December 2018 showing net profit after tax of $21.1 million down 14.2 per cent compared to net profit of $24.7 million last year.

These first half results were due to a sharp drop in its print and media business.

Revenue is $183.9 million up 0.3 per cent.

EBITDA is down 7.1 per cent to $52.7 million.

A dividend of 2 cents per share (100% franked) will be paid on 7 March 2019 to shareholders registered on 21 February 2019.

Shares in Domain Holdings Australia (ASX:DHG) are trading 2.39 per cent higher to $2.14.