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Sands China ( (HK:1928) ) just unveiled an announcement.
Sands China Ltd. announced its annual financial results for 2024, reporting a net revenue increase of 8.4% to US$7.08 billion and a profit surge of 51% to US$1.05 billion, driven by the recovery of travel and tourism spending in Macao. The company continues to advance its strategic objectives, completing significant phases of The Londoner Macao, and remains committed to enhancing Macao’s tourism appeal through substantial capital investments, reinforcing its position as a key player in the region’s tourism industry.
More about Sands China
Sands China Ltd. is a leading developer and operator of integrated resorts in Macao, focusing on creating world-class hospitality experiences. The company is known for its significant investments in tourism and non-gaming amenities, contributing to Macao’s economic diversification and development as a premier leisure and business tourism destination.
YTD Price Performance: -12.12%
Average Trading Volume: 1,646
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $18.02B
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