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.

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.