Earnings at New Zealand casino operator Sky City Entertainment Group fell by 50 percent in the past year.
Sky City Monday reported a net profit of NZ$49.9 million for the year to June 30, compared with NZ$98.4 million in the preceding year.
The company also declared a dividend of 10.5 cents per share, compared with 12 cents last year.
The result falls well short of the company's previous guidance of a profit of NZ$108-110 million before write-downs.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.