"Dreamworld is expected to recover over the course of time, assisted by new attractions and exciting branded retail concepts, supported by promotion to domestic and international visitors," it said in a statement on Thursday
"The Theme Park businesses are also expected to benefit from increased domestic and international tourism to the Gold Coast for the 2018 Commonwealth Games and the development of land adjoining the property in Coomera."
Dreamworld's woes overshadowed a positive result for Ardent's fast-growing operations in the US, where its Main Event entertainment centres recorded a 30.2 per cent increase in revenue to A$136.8m.
Ardent cut its interim dividend from seven cents to two cents per share.
The company's shares were down 39 cents, or 18.1, to $177 at 1054 AEDT.
DREAMWORLD DRAGS ON ARDENT
• Half-year loss of A$49.4m, vs a A$22.7m profit
• Revenue down 5 per cent to A$317m
• Interim dividend down 5 cents to 2 cents a share, unfranked.