Crown Responds to COVID-19 and Provides Trading Update

  • May 04, 2020 AEST
  • Team Kalkine

A gaming and entertainment sector company, Crown Resorts Limited (ASX:CWN) disclosed the unaudited trading update for the period 1 July 2019 to 23 March 2020.

During the period, the normalised EBITDA was about $500 million, and the normalised NPAT was nearly $210 million.

The Company considers that, during the period in which gaming activities and other non-essential services were suspended, costs suffered and any limited revenue received should be treated as significant items, counting those related with Crown Melbourne, Crown Aspinalls, Crown Perth, corporate costs as well as equity accounted outcomes, including any related income tax expenses.


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