Event Hospitality & Entertainment Ltd. Reports Increased Profit Despite Revenue Dip

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Event Hospitality & Entertainment Ltd. Reports Increased Profit Despite Revenue Dip

Event Hospitality & Entertainment Ltd. ( (AU:EVT) ) has shared an update.

Event Hospitality & Entertainment Ltd. reported a 0.7% decrease in revenue to AUD 654.29 million for the half year ending December 31, 2024, compared to the previous year. Despite the dip in revenue, the company saw a 3.8% increase in EBITDA to AUD 169.76 million and a 14.9% rise in profit after tax to AUD 31.13 million, indicating improved operational efficiency and profitability.

More about Event Hospitality & Entertainment Ltd.

YTD Price Performance: 5.71%

Average Trading Volume: 129,209

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: A$1.96B

See more data about EVT stock on TipRanks’ Stock Analysis page.

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