MGM China Holdings (HK:2282) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
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.
For further insights into HK:2282 stock, check out TipRanks’ Stock Analysis page.