Sands China (HKG:1928) recorded a net income of $202 million in the first quarter, down from $297 million a year prior, a Thursday filing with the Hong Kong bourse said.
Total net revenue, on a US GAAP basis, fell 5.7% year over year to $1.70 billion in the three months.
The casino operator's adjusted property EBITDA stood at $535 million in Q1, down from $610 million in the first quarter of 2024.