An update from MGM China Holdings ( (HK:2282) ) is now available.
MGM China Holdings Limited reported a substantial increase in its annual profits for the year ended December 31, 2024, driven by a recovery in operations following the relaxation of COVID-19 travel restrictions to Macau. The company’s profit attributable to owners rose to HK$4,603.4 million, supported by a strong performance in casino revenue. The Board has recommended a final dividend of HK$0.251 per share, reflecting the company’s solid financial position and commitment to rewarding shareholders while maintaining sufficient resources for future operations and commitments.
More about MGM China Holdings
MGM China Holdings Limited is a prominent player in the gaming and hospitality industry, primarily operating in Macau. The company focuses on casino operations and related services, contributing significantly to its revenue stream.
YTD Price Performance: 21.54%
Average Trading Volume: 2,314
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $5.41B
See more data about 2282 stock on TipRanks’ Stock Analysis page.