Tatts help Tabcorp profit jump

Company News

by Rachael Jones

Tabcorp (ASX:TAH) reports their statutory NPAT for the 12 months ending June 30th increased to $365.5 million from $28.7 million from the prior corresponding period.

Revenue is up 45.9 per cent on the prior corresponding period to $5.48 billion.

EBITDA is up 38.4 per cent to $1 billion.

Shares in Tabcorp (ASX:TAH) are trading 1.49 per cent lower at $4.30.

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.