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Melco International ( (HK:0200) ) has issued an update.
Melco Resorts & Entertainment Limited reported an 11% increase in total operating revenues for the first quarter of 2025, reaching US$1.23 billion, driven by improved gaming and non-gaming operations. The company’s net income rose to US$32.5 million, with Macau Property EBITDA growing by 32% quarter-over-quarter, highlighting strong business momentum and growth potential in Macau. Despite increased competition affecting City of Dreams Manila, other properties like City of Dreams Mediterranean showed solid growth despite regional challenges.
More about Melco International
Melco International Development Limited, through its subsidiary Melco Resorts & Entertainment Limited, is a developer, owner, and operator of integrated resort facilities in Asia and Europe. The company focuses on gaming and non-gaming operations, with properties such as City of Dreams and Studio City.
Average Trading Volume: 4,553,969
Technical Sentiment Signal: Sell
Current Market Cap: HK$5.12B
See more data about 0200 stock on TipRanks’ Stock Analysis page.