Ardent Leisure faces two worlds of COVID-19 control
Key Points
- Revenue ($m) 414.8, up 1pc
- Pre-tax profit ($m) -87.5, compared with year-ago -132.3
- Net profit ($m) -86.9 versus -136.1
- No dividend
Ardent Leisure posted a profit at its US-based Main Event Entertainment business and a loss at its Australian Theme Parks division as wildly varying COVID-19 controls buffeted the fortunes of the ASX-listed family entertainment provider.
Ardent said revenue at its big-box Main Event centres open for a year or longer rebounded above pre-COVID-19 levels in March for the first time in the year ended June 30, gained 40.4 per cent in July and are up 25.5 per cent this month to date. There are no restrictions on capacity in its centres.
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