Australian slot manufacturer Aristocrat Leisure Ltd. reported a 105 percent jump in net profit year-on-year for the six-month period that ended March 31, according to a filing with the Australian Securities Exchange.
According to the filing, profit for the period was AU$159.1 million (US$114.5 million), compared to AU$77.6 million for the prior-year period. According to a report in GGRAsia, the company’s directors have authorized an interim dividend of AU$0.10 per share for the half-year, “in line with the previous dividend guidance and AU$0.02 per share higher than in the prior corresponding period.”
Net profit after tax and before amortization of acquired intangibles (NPATA) was AU$183.2 million, representing growth of 66.4 percent year-on-year in reported terms and 54 percent year-on-year in constant currency terms, compared to the AU$110.1 million delivered in the six months to March 31, 2015.
“Performance was driven by further growth in share, average selling price and overall average fee per day across Aristocrat’s core segments in North America and Australia, together with continued earnings growth and record (numbers of) daily active users in the digital social gaming business,” the company said in a statement.
The company reported that in the international Class III segment for casino slot machines, Aristocrat’s Good Fortune link and Five Dragons game continued “to perform above floor (average) in all venues in Asia Pacific.”
“Aristocrat delivered outstanding results over the first half of fiscal 2016, representing our 10th consecutive period of earnings growth,” said Aristocrat CEO and Managing Director Jamie Odell, adding that the group expected NPATA for the second half of fiscal year 2016 to be “broadly in line with the first half.”
