"Performance" Sands China adjusted property EBITDA decreased by 0.7% to USD 2.31 billion last year, final dividend of HKD 0.50

SANDS CHINA LTD (01928.HK) announced its preliminary results for the fiscal year 2025, with total net revenue of USD 7.443 billion, an increase of 5.1% year-on-year. It recorded a net profit of USD 896 million, a decline of 14.3%, with earnings per share of 11.08 cents. A final dividend of HKD 0.50 was declared.

Adjusted property EBITDA was USD 2.31 billion, a decrease of 0.7%, reflecting higher operating and marketing expenses during the year. Total operating expenses for the year were USD 6.21 billion, an increase of 8.7%.

During the year, net revenue from the casino was USD 5.58 billion, an increase of 4.4%, primarily due to increased table gaming and slot machine revenue at The Londoner Macao and a higher win percentage. Benefiting from increased occupancy rates and revenue per available room, room revenue rose by 10.2% to USD 853 million