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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 |
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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