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Hong Kong Stock Announcement Nuggets | Sands China Limited's total net revenue for the first quarter increased 42% year over year to US$1.8 billion
[Financial Report Data] Huadian International Power Co., Ltd. (01071)'s cumulative completed power generation capacity of 56.16 million megawatt-hours in the first quarter fell by about 0.19% year-on-year, and the overall retail value of Lukufu Group (00590) in the fourth quarter of fiscal year 2024 increased by more than 50%, surpassed the same quarter level of FY2019 by more than 50%. Yankuang Energy (01171) commercial coal production in the first quarter increased 15.42% year-on-year to US$1.8 billion [Important matter] Jianyi Group (00638) received a year-on-year increase of 42% year-on-year Resplenden
Sands China's Ebitda May Improve After Renovations -- Market Talk
Sands China's Ebitda looks set to improve when the Londoner Macao reopens following renovation works, Citi Research analysts George Choi and Ryan Cheung say in a note.
Major Bank Ratings | Jefferies: Target Price of HK$37 for “Buy” Ratings for Sands China
GLONGHUI, April 18 | Jeffrey said that Sands China's adjusted EBITDA for the first quarter fell 7% quarterly, lower than the bank's and market expectations. The lower profit was mainly due to renovation by the Londoners in Macau, the closure of the Londoner's Coliseum, and lower profits at the Macau Paragon and Sands Hotel Macau. As the renovation work continues this year, it is expected that it will continue to affect profits. The Londoner Coliseum is expected to reopen in November, and the second phase of the Londoner renovation project is expected to be completed during the 2025 Lunar New Year. Profit margins are expected to continue to be pressured due to lower entertainment activities and hotel stays. The bank gave Sands China a “buy” rating, with a target price of HK$37.
Las Vegas Sands Corp (LVS) Q1 2024 Earnings Call Transcript Highlights: Strong Performance and ...
Big Bank Ratings|Damo: Maintaining Sands China's “In sync with the market” rating, the first quarter's performance fell slightly short of expectations
According to a research report published by Morgan Stanley, Sands China's performance in the first quarter fell slightly below expectations. Property EBITDA fell 7% quarterly to US$610 million, reaching only 71% of the same period in 2019, 7% lower than the bank's forecast of US$658 million. The EBITDA for properties taking into account profit margin adjustments was US$641 million, and 4% lower than market expectations of US$665 million.
Komo: Maintaining the target price of HK$27.5 in the “Accumulation” rating of Sands China (01928)
Komoro China (01928) will pay a dividend for the 2024 fiscal year in February next year.
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