Sky City Entertainment Group Limited operates in the Hotels and motels sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Sky City Entertainment Group Limited with three other
hotel and motel operators in Australasia:
Redcape Hotel Group Pty Ltd
of AUSTRALIA
(2020
sales of 259.29 million Australian Dollars [US$191.50 million]
of which 100%
was Hotel),
Donaco International Ltd
of AUSTRALIA
(53.49 million Australian Dollars [US$39.50 million]
), and
GL Ltd
(406.81 million New Zealand Dollars [US$285.88 million]
of which 89%
was Hotels).
Sales Analysis.
Sky City Entertainment Group Limited reported sales of 641.65 million New Zealand Dollars (US$450.92 million)
for the
fiscal
year ending
June of 2020.
This
represents
a
decrease of 20.0%
versus 2019, when the company's sales were 802.27 million New Zealand Dollars.
Contributing to the drop in overall sales was the 38.1% decline
in International Business, from 122.62 million New Zealand Dollars to 75.96 million New Zealand Dollars.
There were also decreases in sales in
Skycity Adelaide (down 19.0% to 118.15 million New Zealand Dollars)
.
However, these declines were partially offset by the increase in sales of
Skycity Auckland (up 58.8% to 901.89 million New Zealand Dollars)
and
Rest of New Zealand (up 1.2% to 67.24 million New Zealand Dollars)
.