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Cricket Australia profits plummet

AAP logoAAP 27/10/2016

Cricket Australia has posted a $9.7 million dollar surplus - down almost $100 million from last year.

But there's no panic in the organisation with the figure above budget after the record surplus in 2014-15 was fuelled by hosting the one-day World Cup.

The CA annual general meeting heard that this year's figure could also be attributed to reduced international media rights revenue in the current year.

Five of tjhe six states had recorded profits.

While finances were down, participation figures were up eight and a half per cent since 2014-15, placing cricket as the No.1 participation sport in Australia.

Female participation also reached record figures in 2015-16, growing nine per cent to 314,936.

That represented 24 per cent of all participants in the sport.

Crowds and television ratings were also at record levels.

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