Mgm China Holdings(OTC) ( (MCHVF) ) has released its Q2 earnings. Here is a breakdown of the information Mgm China Holdings(OTC) presented to its investors.
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MGM China Holdings Limited is a prominent operator in the gaming and hospitality industry, primarily operating in Macau with its integrated resorts, MGM MACAU and MGM COTAI. The company is a subsidiary of MGM Resorts International and holds one of the six gaming concessions in Macau.
In its latest earnings report for the first half of 2025, MGM China Holdings reported a record operating revenue of HK$16.66 billion, marking a 2.7% increase from the previous year. Despite this growth, the company’s profit attributable to owners fell by 11.3% to HK$2.38 billion, primarily due to increased operating costs and a net foreign currency loss.
Key financial highlights include a stable adjusted EBITDA of approximately HK$4.9 billion and a slight decrease in overall gaming market share to 16.2%. The company declared an interim dividend of HK$0.313 per share, representing about 49.9% of the profit attributable to owners. MGM China also highlighted its strategic focus on expanding non-gaming offerings and enhancing customer experiences to attract a broader international audience.
Looking ahead, MGM China remains optimistic about the long-term growth prospects of the Macau market. The company plans to continue leveraging its competitive strengths, including its brand recognition and strategic position in the premium mass market segment, to capitalize on the anticipated growth in international tourism and non-gaming activities in Macau.