Market Overview

Crown H1 Net Profit Down 34%

Crown (OTC: CWLDF) reported a 34% drop in its first-half net profit.

Crown's net profit for the six months fell to 180.8 million Australian dollars (US$186 million), from A$274.4 million, in the year-ago period.

Its underlying profit climbed 15% to A$243.5 million, versus analysts' estimates of A$238.5 million.

Crown announced its plans to pay an interim dividend of 18 Australian cents per share.

Posted-In: profitEarnings News

 

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