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New Zealand’s Sky City profits after tax slide 69% in FY 2017

New Zealand’s Sky City profits after tax slide 69% in FY 2017

WELLINGTON: New Zealand casino operator Sky City Entertainment Group Limited on Wednesday reported its fiscal full-year profit after tax fell 69.2 percent.

The firm posted net profit after tax for the fiscal year ended June 30 of NZ$44.9 million ($32.88 million), compared with NZ$145.7 million for the previous year.

The company also said it will pay a dividend of 10 NZ cents per share, down slightly from 10.5 cents the previous year.