MGM CHINA announced its interim results, with a net profit of HKD 2.383 billion, a year-on-year decrease of 11.25%
MGM CHINA announced its mid-term results for 2025, with operating revenue of approximately HKD 16.661 billion, a year-on-year increase of 2.73%. The profit attributable to the company's owners for the period was HKD 2.383 billion, a year-on-year decrease of 11.25%. The basic earnings per share were HKD 0.628, with an interim dividend of HKD 0.313 per share. The decrease in net profit was mainly due to rising operating costs and expenses, as well as an increase in net exchange losses caused by dollar-denominated preferred notes
According to the Zhitong Finance APP, MGM CHINA (02282) announced its mid-term results for 2025, with operating revenue of approximately HKD 16.661 billion, a year-on-year increase of 2.73%; the profit attributable to shareholders for the period was HKD 2.383 billion, a year-on-year decrease of 11.25%; basic earnings per share were HKD 0.628, and the interim dividend was HKD 0.313 per share.
The announcement stated that the decrease in net profit was due to the increase in operating costs and expenses, as well as the increase in net foreign exchange losses arising from dollar-denominated preferred notes
