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MELCO INT'L DEV (00200.HK) will hold a Board of Directors meeting on March 28 to approve the annual performance.
Gelonghui announced on March 17 that MELCO INT'L DEV (00200.HK) will hold a Board of Directors meeting on March 28, 2025, to approve the announcement of the annual performance for the year ending December 31, 2024, for the company and its subsidiaries.
MELCO INT'L DEV: DATE OF BOARD MEETING
MELCO INT'L DEV (00200.HK) expects to have an impairment of Assets amounting to approximately 0.838 billion to 1.024 billion Hong Kong dollars related to Studio City International.
On March 14, Gelonghui reported that MELCO INT'L DEV (00200.HK) expects the group will record asset impairments related to Studio City International (a film-themed integrated resort located in Macau's Cotai Strip) amounting to approximately HKD 838,000,000 to HKD 1,024,000,000, resulting in an increase in the group's net loss for the fiscal year ending December 31, 2024, by approximately HKD 774,000,000 to HKD 956,000,000. The group expects to report a net loss of approximately HKD 1,592,000,000 for the year ending December 31, 2024.
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