TAH 3.62% $2.86 tabcorp holdings limited

News: Tabcorp Q1 revenue rises

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    Tabcorp Holdings Limited’s (ASX:TAH) has reported a 2.7 per cent rise in revenue for the first quarter of the 2012 financial year. 



    The gaming company posted total revenue of $759.4 million, boosted by revenue growth in all of its four divisions.



    In the three months to September 30, the company's wagering division added 2 per cent and its media and international division rose 4.7 per cent.



    Gaming revenue increased 2 per cent and Keno revenue gained 6.9 per cent compared to the same time a year earlier.

     

    Tabcorp says despite difficult trading conditions its brands and strategies have translated into revenue growth.



    In the 2011 financial year Tabcorp Holdings improved its net profit by 14 per cent to $535 million.


 
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