Digital segment lifts Aristocrat’s H1 net profit

Net profit of Australia-listed poker machine manufacturer Aristocrat Leisure Ltd.  grew 2.8 percent in the first half of its fiscal year, fueled by more than three-fold growth in its digital segment.

Aristocrat reported to the Australian Stock Exchange on Thursday that its net profit after tax for the six months to March 31, 2018, stood at AUD256.5 million (US$193.94 million), higher than the AUD249.6 million (US$187.4 million) it posted during the same period last year.

On the other hand, Aristocrat’s half year revenue grew 28.5 percent to nearly AUD1.58 billion (US$1.19 billion) compared with AUD1.23 billion (US$928.46 million) a year earlier. Shares of Aristocrat jumped to more than 8 percent or AUD2.23 (US$1.68) before the bourse closed for the day.

Its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) rose 28.9 percent to AUD642.9 million (US$485.29 million) in the six months to March 31, 2016 from AUD498.9 million (US$376.59 million) in the same period last year.