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Melco International ( (HK:0200) ) has shared an update.
Melco Resorts & Entertainment Limited reported a 9% increase in total operating revenues for the fourth quarter of 2024, reaching US$1.19 billion, driven by improved performance across all gaming segments and non-gaming operations. Despite a net loss of US$20.3 million for the quarter, this was a significant improvement from the previous year’s loss, indicating a positive trajectory for the company’s financial health and market positioning.
More about Melco International
Melco International Development Limited is a company based in Hong Kong, primarily involved in the gaming and entertainment industry. Its subsidiary, Melco Resorts & Entertainment Limited, operates integrated resorts and casinos, with a focus on gaming and non-gaming operations.
YTD Price Performance: -3.21%
Average Trading Volume: 3,843
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $791.5M
For a thorough assessment of 0200 stock, go to TipRanks’ Stock Analysis page.
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