Village No Show
The wreckage of a tumultuous period was laid bare in Village Roadshow's fiscal 2018 first-half result, with normalised net profit after tax, or NPAT, coming in at zero versus AUD 19 million a year ago. While difficulties in theme parks (EBIT down 64% to AUD 6 million) and cinemas (EBIT down 46% to AUD 13 million) were well-telegraphed in last month's trading update, there were glaring disappointments in other areas during the half.Corporate and overhead costs remained stubbornly high at AUD 15 ...
Village Roadshow is principally engaged in the theme park and water park operations, cinema exhibition operations, film and digital versatile disc distribution operations. In addition, Co. had an equity-accounted 50.17% interest in Village Roadshow Entertainment Group Limited which has film production activities, as of June 30 2016.
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