9 Leisure FY22 Web A$297.1M Vs. Web A$169.4M >NEC.AU

By Stuart Condie

 
SYDNEY–9 Leisure Co. Holdings Ltd. will purchase as much as 10% of its shares in an on-market buyback after lifting its annual revenue by 75%.
 
The Australian media conglomerate on Thursday reported a internet revenue for the 12 months by June of 297.1 million Australian {dollars} (US$205.3 million), in contrast with A$169.4 million a 12 months earlier.
      

       
Income jumped 15% to A$2.69 billion and 9 mentioned that advert markets throughout all platforms had been exhibiting resilience up to now in its 2023 fiscal 12 months.
 
9 declared a dividend of 5.5 Australian cents per share, taking its full-year payout to 7.0 Australian cents.
 
It mentioned it was assured that promoting revenues in any respect its ad-driven companies would develop extra strongly in fiscal 2023 than within the underlying markets by which they function.
 
Write to Stuart Condie at stuart.condie@wsj.com