Melco International Development Limited ( (MDEVF) ) has released its Q2 earnings. Here is a breakdown of the information Melco International Development Limited presented to its investors.
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Melco International Development Limited is a Hong Kong-based investment holding company primarily engaged in the development, ownership, and operation of integrated resort facilities across Asia and Europe, with a notable presence in the gaming and hospitality sector.
In its latest interim financial report for the six months ending June 30, 2025, Melco International reported a significant improvement in financial performance. The company achieved net revenues of HK$19.96 billion, marking a 12.4% increase from the previous year, driven by enhanced performance in both gaming and non-gaming operations. The Group’s Adjusted EBITDA rose to HK$5.37 billion, and it recorded a profit attributable to owners of HK$350.8 million, a notable turnaround from a loss in the previous period.
Key financial metrics highlighted in the report include basic earnings per share of HK$0.18, compared to a loss per share in the prior year, and an increase in net asset value per share to HK$0.4. Despite these positive results, the Board decided against declaring an interim dividend. Additionally, the company is navigating challenges in Cyprus due to geopolitical tensions and is making strategic adjustments in its Macau operations, including the cessation of certain gaming facilities.
Looking ahead, Melco International remains optimistic about its ability to sustain operations and meet capital expenditures over the next year, supported by substantial cash reserves and unused borrowing capacity. The company continues to focus on strategic developments and operational efficiencies to enhance its market position in the gaming and hospitality industry.