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Sky City Says Tax Changes Will Reduce Net Income NZ$60 Million

June 22 (Bloomberg) -- Sky City Entertainment Group Ltd., New Zealand’s largest casino operator, said full-year net income excluding a one-time deferred tax adjustment will be between NZ$136 million and NZ$140 million.

The tax adjustment arising from changes in the budget will be NZ$60 million, the Auckland-based company said in a statement. The financial year end June 30.

Link to Statement:{NSN L4DT3R3MMTC0 <GO>}

Link to Company News:{SKC NZ <Equity> CN <GO>}

To contact the editor responsible for this story: Tracy Withers at twithers@bloomberg.net

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