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Coast Entertainment Minimizes Impact of Severe Weather on Operations

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Coast Entertainment Minimizes Impact of Severe Weather on Operations

The latest announcement is out from Ardent Leisure Group Ltd ( (AU:CEH) ).

Coast Entertainment Holdings Limited announced that recent severe weather events led to temporary closures of its properties, including Dreamworld, WhiteWater World, and SkyPoint. Despite the closures, which occurred during an off-peak period, the financial impact was minimized. The company reported minimal damage, thanks to significant investments in infrastructure and crisis preparedness, allowing for a swift recovery and reopening of its attractions.

More about Ardent Leisure Group Ltd

Coast Entertainment Holdings Limited operates in the entertainment industry, managing properties such as Dreamworld, WhiteWater World, SkyPoint, and SkyPoint Climb. The company focuses on providing leisure and entertainment experiences in South East Queensland and Northern NSW.

YTD Price Performance: -12.24%

Average Trading Volume: 478,799

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$185.6M

For an in-depth examination of CEH stock, go to TipRanks’ Stock Analysis page.

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