Melco International ( (HK:0200) ) has provided an announcement.
Melco Resorts & Entertainment Limited reported a 9% increase in total operating revenues for the fourth quarter of 2024, reaching US$1.19 billion, driven by improved performance across all gaming segments and non-gaming operations. Despite a net loss of US$20.3 million, the company showed significant recovery from the previous year’s loss, with strategic investments in Macau contributing to increased market share and property visitation exceeding pre-pandemic levels.
More about Melco International
Melco International Development Limited is a developer, owner, and operator of integrated resort facilities in Asia and Europe. The company focuses on gaming and non-gaming operations, aiming to enhance customer experiences and establish a strong market presence.
YTD Price Performance: -3.21%
Average Trading Volume: 3,843
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $791.5M
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