Sky City shares were down when it released its 2022 full-year result, which came in as expected capping off another challenging year greatly impacted by last year’s lockdown. Normalised operating earnings (EBITDA) came in at $138m, while fourth-quarter gaming data showed strong recovery – with fewer operating restrictions. SKC's balance sheet remains strong against a quality portfolio of assets, with Sky City guiding 2023 operating earnings (EBITDA) to be inline with pre-covid levels ~$300m.