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AAP
AAP
Liz Hobday

Profits halve for Kerry Stokes' Seven West Media

Kerry Stokes' Seven West has posted an H1 underlying net profit of $63 million, down 49 per cent. (David Moir/AAP PHOTOS)

Kerry Stokes' Seven West Media has reported a profit slump for the first half of 2023/24 and flagged further cost-cutting measures may be needed.

Underlying net profit after tax fell to $63 million excluding significant items, down 49 per cent on the previous corresponding period ending December 30.

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