share_log

【港股通】金沙中国(01928)中期溢利同比增长2.09倍至5.41亿美元 不派中期息

Sands China (01928) had a net profit of 541 million US dollars in the first half of the year, an increase of 2.09 times year-on-year. No mid-term dividend was distributed.

金吾財訊 ·  Aug 16 05:28

According to the announcement of Sands China (01928), as of June 30, 2024, the company's equity holders recorded a net profit of 0.541 billion yuan (USD, same below), a year-on-year increase of 209.14%. Basic earnings per share were 6.69 cents. No interim dividends.

During the period, the group's net income was 3.551 billion yuan, up 22.66% year-on-year. The increase in net income for all business categories is mainly due to the continued recovery of visitors and tourist consumption in Macau.

Specifically, the net income of the entertainment venue during the period was 2.7 billion yuan, a year-on-year increase of 24.8%. The increase is mainly due to the increase in the number of visitors to the various properties, which increased revenue from table games and slot machines. This was partially offset by a decrease in coded win rate and slot machine payout rate.

During the period, room revenue was 0.393 billion yuan, an increase of 16.3% year-on-year. The increase is mainly due to an increase in occupancy rates, partially offset by a decrease in average daily room rates due to an increase in the number of hotel rooms in the Macau market and a reduction in available rooms due to the renovation of the Londoner Macao phase II.

In addition, during the period, shopping center revenue was 0.231 billion yuan, up 3.1% year-on-year. The increase is mainly due to an increase in rental rates and basic rent, partially offset by a decrease in excess rent. During the period, dining revenue was 0.135 billion yuan, a year-on-year increase of 29.8%, mainly due to an increase in business volume for restaurants and banquet services.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment