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SCHYY Sands China Ltd (PK)

22.16
-0.70 (-3.06%)
Last Updated: 18:09:36
Delayed by 15 minutes
Name Symbol Market Type
Sands China Ltd (PK) USOTC:SCHYY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.70 -3.06% 22.16 22.16 22.27 22.71 21.9104 22.6464 7,722 18:09:36

Sand China 4Q Net Income Falls 18% on Softer Macau Gaming Market

29/01/2015 2:25am

Dow Jones News


Sands China (PK) (USOTC:SCHYY)
Historical Stock Chart


From Mar 2020 to Mar 2025

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   By Chester Yung 
 

Sands China Ltd. (1928.HK), the Macau unit of Las Vegas Sands Corp. (LVS), said Thursday fourth-quarter net income dropped 18% from a year earlier amid a softer gaming market in Macau.

The Hong Kong-listed casino operator said quarterly net income fell to US$535.3 million from US$655.6 million a year earlier. Total net revenue fell 16% to US$2.12 billion while adjusted property earnings before interest, taxes, depreciation and amortization decreased 15% to US$713.2 million, it said.

For 2014, total net revenue rose 6.8% to US$9.57 billion while net income gained 15% to US$2.55 billion.

Write to Chester Yung at chester.yung@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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