Sands China's Net Income Drops in Q1

MT Newswires Live
04-24

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.

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