Appendix 4D

Open PDF
Stock The Star Entertainment Group Ltd (SGR.ASX)
Release Time 15 Apr 2025, 12:21 p.m.
Price Sensitive Yes
 The Star Entertainment Group Releases 1H25 Financial Results
Key Points
  • Revenue down 16.4% to $724.0m
  • Net loss after tax of $301.9m
  • Significant items of $166.2m, including impairment and regulatory costs
Full Summary

The Star Entertainment Group has released its financial results for the first half of fiscal year 2025. Revenue from ordinary activities declined by 16.4% to $724.0m, while profit from ordinary activities after tax attributable to members of the parent company was a net loss of $301.9m. On a normalised basis, revenue declined by 25.0% to $649.6m, and the company reported a loss before interest, tax, depreciation, amortisation and significant items of $57.3m. Significant items, including an impairment of the investment in the DBC joint venture, debt refinancing costs, and various regulatory, fines, penalties, and other costs, amounted to $166.2m. Net interest expense increased by 5.9% to $19.7m, and the company's share of associates' loss was $21.0m. The company did not declare an interim dividend for the period. Net tangible assets per share stood at $0.15 at the end of the reporting period.