MGM China H1 net profit rises 23 pct to HK$3 bln

2014/8/6

From：Macau Business

Macau casino operator MGM China Holdings Ltd’s net profit increased to HK$3 billion (US$387.08 million) in the first half of this year, 23 percent more than a year earlier and the most ever.

The company announced that its net revenue grew by 12 percent to HK$13.7 billion as it did more table games business than ever before.

Adjusted earnings before interest, tax, depreciation and amortisation increased by 16 percent to HK$3.8 billion, and its adjusted EBITDA margin widened to 27.4 percent from 26.3 percent.

Copyright@Macau Business