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Wynn Macau Reports Strong 2024 Financial Results and Increased Dividend

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An update from Wynn Macau ( (HK:1128) ) is now available.

Wynn Macau has announced its annual financial results for the year ending December 31, 2024, showcasing a significant increase in casino revenues and profits. The company reported a rise in casino revenues to HK$23.6 billion from HK$19.1 billion in the previous year, with profits attributable to owners increasing to HK$3.2 billion from HK$1.2 billion. The board has recommended a final dividend of HK$0.185 per share, pending shareholder approval, reflecting the company’s strong financial performance and commitment to returning value to its shareholders.

More about Wynn Macau

Wynn Macau, Limited operates in the gaming and entertainment industry, primarily focusing on casino operations. The company offers a range of services including gaming, hotel accommodations, food and beverage, and retail, targeting the Macau market.

YTD Price Performance: 5.88%

Average Trading Volume: 10,029

Technical Sentiment Signal: Buy

Current Market Cap: $3.82B

Find detailed analytics on 1128 stock on TipRanks’ Stock Analysis page.

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