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Event Hospitality and Entertainment Ltd Company Snapshot
EVENT Hospitality and Entertainment Limited, formerly Amalgamated Holdings Limited, is engaged in cinema exhibition operations; ownership, operation and management of hotels and resorts in Australia and Overseas, and property development. The Company's principal activities include cinema exhibition operations in Australia, including technology equipment supply and servicing, and the State Theatre; cinema exhibition operations in New Zealand and Fiji; cinema exhibition operations in Germany; operation of the Thredbo resort, including property development activities, and investment properties and investment in shares in listed and unlisted companies. The Company's segments include Entertainment Australia, Entertainment New Zealand, Entertainment Germany, Hotels and Resorts, Thredbo Alpine Resort, and Property and Other Investments. The Company has operations in Australia, New Zealand, Fiji and Germany.

Sales Analysis. Sales levels dropped significantly in the second fiscal quarter of 2021 versus the previous year's second quarter. During the second fiscal quarter of 2021, sales at Event Hospitality and Entertainment Ltd totalled A$234.50 million. This is a drop of 55.1% from the A$522.31 million in sales at the company during the second quarter in 2020. During the year ended June of 2020, sales at Event Hospitality and Entertainment Ltd were A$746.55 million (US$563.86 million). This is a sharp decrease of 25.0% versus 2019, when the company's sales were A$995.88 million. Contributing to the drop in overall sales was the 24.9% decline in Hotels and Resorts, from A$353.38 million to A$265.34 million. There were also decreases in sales in Thredbo Alpine Resort (down 11.6% to A$72.31 million) . However, these declines were partially offset by the increase in sales of Property and Other Investment (up 0.9% to A$18.47 million) and Unallocated Revenue/expense (up 951.2% to A$35.57 million) .
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Event Hospitality and Entertainment Ltd
  Stock Performance Chart for Event Hospitality and Entertainment Ltd
  Stock Data: Recent Stock Performance:
  Current Price (6/18/2021): 12.54
(Figures in Australian Dollars)
1 Week -2.2%   13 Weeks -1.6%  
4 Weeks 7.9%   52 Weeks 41.7%  
Event Hospitality and Entertainment Ltd Key Data:
  Ticker: EVT Country: Australia
  Exchanges: FRA OTC ASX Major Industry: Telecommunication Services
    Sub Industry: Motion Picture Theaters, Ex Drive-In
  2020 Sales 746,550,000
(Year Ending Jan 2021).
Employees: 10,000
  Currency: Australian Dollars Market Cap: 2,021,391,833
  Fiscal Yr Ends: June Shares Outstanding: 161,195,521
  Share Type: Ordinary Closely Held Shares: 70,300,646
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