SGR 2.44% 21.0¢ the star entertainment group limited

Feb 21 (Reuters) - Australia's second-largest casino operator...

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    Feb 21 (Reuters) - Australia's second-largest casino operator Star Entertainment Group (SGR) posted a 2.4 percent drop in first-half profit after a fall in demand from high-stakes gamblers.

    Normalised profit after tax, which is adjusted to remove win rate volatility and exclude significant items, came in at A$123.8 million ($88.65 million) for the six months ended Dec. 31, compared to A$120.4 million in the previous year.

    The company declared an interim dividend of 10.5 cents per share, up from the 7.5 cents declared a year earlier.

    ($1 = 1.3965 Australian dollars)

 
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