Star Entertainment Group Falls After Posting Narrower Fiscal H1 Loss, Lower Revenue

MT Newswires Live

Mar 02

Shares of Star Entertainment Group (ASX:SGR) fell around 2% in recent Monday trade after the company reported late Friday fiscal first-half loss of AU$0.031 per share, compared with AU$0.105 a year earlier.

Revenue for the six months ended Dec. 31, 2025, was AU$694.6 million, compared with AU$724 million a year earlier.

The company said material uncertainty remains over its ability to continue as a going concern, with its near-term liquidity dependent on the size and timing of any Australian Transaction Reports and Analysis Centre penalty, continued lender support and completion of the proposed WhiteHawk refinancing.

It also depends on exiting the DBC joint venture and consolidating the Gold Coast assets, restoring the Star Sydney's casino license and lifting the suspension of the Star Gold Coast's license, and delivering revenue growth and further cost cuts in fiscal 2026.

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