June 11, 2019 / 12:39 AM / 16 days ago

Australia's Star Entertainment sees weaker 2019 earnings

June 11 (Reuters) - Australia’s second-largest casino operator Star Entertainment Group said on Tuesday it expects full-year core earnings to weaken slightly due to a decline in domestic revenue.

The company expects full-year normalised earnings before interest, tax, depreciation and amortisation to be in the range of A$550 million to A$560 million ($382.4 million to $389.4 million).

Star Entertainment had reported core earnings of A$568 million for year ended June 30, 2018.

$1 = 1.4382 Australian dollars Reporting by Mensholong Lepcha; Editing by Stephen Coates

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below