Brief: Skycity Entertainment Says Expects To Impair Its Adelaide Assets By A$86.2 Mln
18/08/2024 22:22
Aug 19 (Reuters) - Skycity Entertainment Group Ltd
SKC.NZ :
* IMPAIRMENT OF SKC ADELAIDE AND ADJUSTMENT FOR NZ TAX LAW
* EXPECTS TO RECORD A TAX ADJUSTMENT OF NZ$129.6M FOLLOWING
RECENT
CHANGES TO NEW ZEALAND TAX LEGISLATION
* SKYCITY EXPECTS TO IMPAIR ITS ADELAIDE ASSETS BY A$86.2
MILLION
* IMPAIRMENT AND TAX ADJUSTMENT WILL NOT IMPACT UNDERLYING
EBITDA
OR UNDERLYING NPAT FOR FY 2024
Further company coverage: SKC.NZ
((Reuters.Briefs@thomsonreuters.com;))
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