Downhill slide for Skyline on Korea, Christchurch ‘impairments’
Gondola and adventure park operator reports lighter foot-traffic in Korea, with less spending on the casino floor locally.
Skyline Enterprises, absorbing gondola upgrade costs.
Gondola, adventure park, and casino operator Skyline Enterprises has seen its pre-tax trading results for the year to March slide by 58% to $29.8 million, down on last year’s $71.3m.
That, it said, was on the back of a $24.3m "impairment" at its Christchurch Casino, while lighter than forecast
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