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An announcement from Reef Casino ( (AU:RCT) ) is now available.
Reef Casino Trust announced its financial results for the year ending December 31, 2024, reporting a 2.9% decrease in revenue and a net profit drop of 5.3% compared to the previous year. Despite the decline, the Trust declared a distribution of 11.71 cents per unit for the second half of 2024, with a stable net tangible asset backing per unit. The annual general meeting is scheduled for May 23, 2025, at the Reef Hotel Casino, Cairns.
More about Reef Casino
Reef Casino Trust operates in the hospitality and gaming industry, focusing on providing casino and entertainment services at its location in Cairns, Queensland. The company’s main offerings include gaming facilities and related entertainment services for locals and tourists alike.
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $82.32M
For an in-depth examination of RCT stock, go to TipRanks’ Stock Analysis page.
