February 15, 2018 / 9:45 PM / 4 months ago

BRIEF-Star Entertainment Group Posts 76.8 Pct Drop In HY Statutory Net Profit After Tax

Feb 16 (Reuters) - Star Entertainment Group Ltd:

* ‍HY NET PROFIT AFTER TAX $120.4 MILLION, UP 12.4 PCT

* HY STATUTORY NET PROFIT AFTER TAX $32.9 MLN, DOWN 76.8 PCT

* HY REVENUE FROM ORDINARY ACTIVITIES $‍1,188.2 MILLION, UP 0.5 PCT​

* ‍DIRECTORS HAVE DECLARED AN INTERIM DIVIDEND OF 7.5 CENTS PER SHARE​‍​​

* SAYS ‍CAPITAL EXPENDITURE OF $450-480M EXPECTED FOR FY2018​

* ‍GROUP WILL CONTRIBUTE APPROXIMATELY $100 MILLION FOR QUEEN’S WHARF BRISBANE DEVELOPMENT​ Source text for Eikon: Further company coverage:

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