Reef Casino Trust Sees H1 Distributable Profit Up to AU$3.8 Million

MT Newswires Live

05-23

Reef Casino Trust (ASX:RCT) said distributable profit for the first half of the year is expected to be between AU$3.2 million and AU$3.8 million, compared to AU$4.3 million a year ago, according to a Friday Australian bourse filing.

The company said its results will be impacted by higher costs at the Reef Hotel Casino complex due to ongoing regulatory and compliance costs.

Revenues at its Reef Hotel Casino complex are comparable to the same period in 2024, the filing added.

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