SkyCity's taking a cautious approach to the coming year because of the international situation

The company's net profit after tax dropped nearly 15 percent in the year to June 30, after selling its Darwin casino and Auckland carpark, and a 6.5-million dollar extra tax bill.

But CEO Graeme Stephens is pleased with the before tax earnings, which are up 1.3 percent.

He's expecting similar results next year, but isn't sure how global challenges will affect tourism numbers.

Stephens says the world's a little crazy at the moment, with things like Brexit and the China situation.