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WYNMY Wynn Macau Limited (PK)

8.60
-0.28 (-3.15%)
17 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Wynn Macau Limited (PK) USOTC:WYNMY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.28 -3.15% 8.60 8.20 8.96 8.78 8.33 8.78 5,687 21:02:26

Wynn Macau 1st-Half Net Profit Plunges 61% on Weak Casino Revenues

20/08/2015 10:32am

Dow Jones News


Wynn Macau (PK) (USOTC:WYNMY)
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From Jun 2019 to Jun 2024

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   By Chester Yung 
 

HONG KONG--Casino operator Wynn Macau Ltd. (1128.HK) Thursday reported a 61% drop for its first-half net profit, which was dragged by the decline in casino revenues.

The Hong Kong-listed company, a unit of Las Vegas-based Wynn Resorts, said its net profit for the six months ended June fell to 1.44 billion Hong Kong dollars (US$ 185 million) from HK$3.65 billion a year earlier, while its operating revenues fell to HK$10.25 billion from HK$16.24 billion a year earlier.

The company didn't recommend interim dividend.

 

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

 

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


(END) Dow Jones Newswires

August 20, 2015 05:17 ET (09:17 GMT)

Copyright (c) 2015 Dow Jones & Company, Inc.

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