The latest update is out from Sands China ( (HK:1928) ).
Sands China Ltd. reported a decrease in total net revenues by 5.7% to US$1.70 billion for the first quarter of 2025 compared to the same period in 2024. The company’s net income also fell to US$202 million from US$297 million in the previous year. Despite the softened market growth in Macao, Sands China remains committed to its strategic objectives and capital investment programs, which are expected to drive future growth in both Macao and Singapore.
More about Sands China
Sands China Ltd. operates in the hospitality and gaming industry, focusing on integrated resorts and casinos. The company is a subsidiary of Las Vegas Sands Corp., which owns a significant share of its issued capital. Sands China is primarily engaged in the development and operation of resorts in Macao, aiming to enhance the region’s appeal as a global business and leisure tourism center.
YTD Price Performance: -36.54%
Average Trading Volume: 3,990
Technical Sentiment Signal: Buy
Current Market Cap: $13.71B
See more data about 1928 stock on TipRanks’ Stock Analysis page.