MGM China Holdings ( (MCHVY) ) has released its Q2 earnings. Here is a breakdown of the information MGM China Holdings presented to its investors.
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MGM China Holdings Limited, a prominent player in the gaming and hospitality industry, operates two major integrated resorts in Macau, MGM MACAU and MGM COTAI, offering a blend of casino gaming, hotel accommodations, and entertainment experiences.
In its latest earnings report for the first half of 2025, MGM China Holdings reported a record-high operating revenue of HK$16.66 billion, marking a 2.7% increase from the previous year. Despite this revenue growth, the company’s profit attributable to owners declined by 11.3% to HK$2.38 billion, primarily due to increased operating costs and foreign currency losses.
Key financial highlights include a stable adjusted EBITDA of approximately HK$4.9 billion and a slight decrease in gaming market share to 16.2%. The company declared an interim dividend of HK$0.313 per share, representing nearly 50% of its profit for the period. MGM China also repaid its 2025 Notes and secured a new revolving credit facility to support ongoing operations and future growth.
Looking ahead, MGM China remains optimistic about the Macau market’s long-term growth potential, driven by infrastructure improvements and increased tourism from mainland China. The company continues to focus on enhancing its offerings to cater to diverse market segments and align with Macau’s vision as a world-class tourism hub.