MGM China Posts Strong Profit Growth in 2024 H1

MGM China Holdings (HK:2282) has released an update.

MGM China Holdings Limited reported a significant increase in profit, from HK$820.9 million to HK$2,685.5 million, for the first half of 2024 compared to the same period last year. The surge in earnings is largely due to a ramp-up in operations following the easing of COVID-19 travel restrictions to Macau. Despite the strong financial performance, the company has decided not to pay an interim dividend for the period.

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