Melco Crown Q1 EBITDA jumps 31 pct to US$387.5 mln

2014-5-9

From：Macau Business

Melco Crown Entertainment Ltd’s adjusted property earnings before interest, tax, depreciation and amortisation rose to US$387.5 million (MOP3.09 billion) in the first quarter of this year, 31 percent more than a year earlier.

The company says its first-quarter net revenue increased by 19 percent to US$1.36 billion.

It attributes the increase in particular to more revenue from mass-market table games.

Melco Crown has declared a quarterly dividend of 33.41 Hong Kong cents per share.

Copyright@Macau Business