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An update from MGM China Holdings ( (HK:2282) ) is now available.
MGM China Holdings Limited announced the unaudited financial results of its controlling shareholder, MGM Resorts International, for the fourth quarter and year ending December 31, 2024. These results reflect the consolidation of MGM China but are prepared under US GAAP, which differs from the IFRS standards used by MGM China. Stakeholders are advised that the unaudited results may not directly correspond to MGM China’s audited financials, highlighting potential variability in financial reporting outcomes.
More about MGM China Holdings
MGM China Holdings Limited is a prominent player in the entertainment and hospitality industry, focusing on the development and operation of casino resorts in Macau. As a subsidiary of MGM Resorts International, it is notably influenced by its parent company’s strategic decisions and financial standing.
YTD Price Performance: -16.15%
Average Trading Volume: 700
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $4.92B
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