Coast Entertainment Holdings Ltd 2017 Annual Report with Sustainability Disclosures
Company: Coast Entertainment Holdings Ltd
Sector: Arts, sports & recreation
Country: Australia
Year: 2017
Type: Annual Report with Sustainability Disclosures
Pages: 132
The report describes a difficult FY17 shaped by the Dreamworld ride incident, which resulted in four fatalities, a 45-day park closure and a substantial decline in theme-park performance. The company reported a $62.6 million group loss, compared with a $42.4 million prior-year profit. It also completed the Health Clubs disposal and completed the Marinas disposal after the reporting date as part of its transition to a leisure and entertainment portfolio. Environmental initiatives included an organisation-wide energy conservation program, recycling programs, a water efficiency management plan and statutory greenhouse-gas and energy reporting systems.
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