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Sands China ( (HK:1928) ) has shared an announcement.
Sands China has informed investors that its controlling shareholder, Las Vegas Sands Corp., which owns about 74.8% of the company, has filed its Form 10-Q for the first quarter ended March 31, 2026 with the U.S. Securities and Exchange Commission. The filing, prepared under U.S. GAAP, includes segment financial information on Macau operations that are owned by Sands China, providing additional transparency into the performance of its Macau business.
The company highlights that these U.S. GAAP-based results differ from the IFRS standards used in its own reporting and advises investors to consult professional advisers to understand the implications. It also reiterates that various regulatory, economic, operational and geopolitical risks may affect future performance, underscoring the uncertainties surrounding its Macau concession, travel demand, leverage levels and the broader operating environment for its gaming and hospitality assets.
The most recent analyst rating on (HK:1928) stock is a Buy with a HK$22.86 price target. To see the full list of analyst forecasts on Sands China stock, see the HK:1928 Stock Forecast page.
More about Sands China
Sands China Ltd. is a Macau-based integrated resort and gaming operator, majority owned by Las Vegas Sands Corp., which is listed on the New York Stock Exchange. The company develops, owns and runs large-scale casino, hotel, retail and entertainment properties in Macau, focusing on tourism, leisure and convention-driven gaming revenues.
YTD Price Performance: -16.33%
Average Trading Volume: 14,640,476
Technical Sentiment Signal: Sell
Current Market Cap: HK$132.7B
Learn more about 1928 stock on TipRanks’ Stock Analysis page.