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SkyCity revises down profit expectations

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SkyCity revises down profit expectations

By: Sam Thompson | Business News | Friday May 11 2012 12:07

 

SkyCity has revised down its profit expectations to the lower end of $140 million for the year to June.

The casino operators says it's a result of softening trading conditions in Australia particularly Adelaide and South Australia.

It says revenue growth has slowed and expects its Darwin operations to be flat.

But SkyCity is more optimistic about Auckland and confident it will achieve high single digit earnings growth.

Hamilton and Queenstown are also showing good growth.

It's not expecting its Christchurch operations to do that well.

Photo: NZ Herald

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