Sands China (HK:1928) has released an update.
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Sands China Ltd. reports an encouraging 8% increase in total net revenues to US$1.75 billion and a net income rise to US$246 million in the second quarter of 2024 compared to the same period last year. This growth is attributed to the continued recovery in Macao, despite visitation numbers not yet reaching pre-pandemic levels. The company remains committed to its capital investment programs in Macao and Singapore, underpinning its optimistic outlook for future industry-leading growth.
For further insights into HK:1928 stock, check out TipRanks’ Stock Analysis page.