Melco International Development's H1 Loss Shrinks as Revenue Surges 36%

MT Newswires Live09-25

Melco International Development (HKG:0200) recorded a loss attributable to owners of HK$253.2 million for the six months ended June 30, narrower than HK$733.2 million last year, a Wednesday filing with the Hong Kong exchange said.

Loss per share attributable to owners stood at HK$0.17 for the reporting period, compared with HK$0.49 a year ago.

The casino and hospitality business company's revenue for the first half of the year was HK$17.8 billion, 36.3% higher than HK$13.0 billion booked a year ago.

The company attributed the increase in revenue to the continued recovery of tourism in Macau resulting in the recovery of revenues from the company's casino and hospitality businesses.

The company's shares were down nearly 2% in recent trade.

Price (HKD): $4.28, Change: $-0.050, Percent Change: -1.15%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2470288349?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-09-25 14:17","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2470288349","market":"sh","top_or_hot":-1,"title":"Melco International Development's H1 Loss Shrinks as Revenue Surges 36%","media":"MT Newswires Live","content":"<html><body><p> Melco International Development (HKG:0200) recorded a loss attributable to owners of HK$253.2 million for the six months ended June 30, narrower than HK$733.2 million last year, a Wednesday filing with the Hong Kong exchange said.</p><p>Loss per share attributable to owners stood at HK$0.17 for the reporting period, compared with HK$0.49 a year ago.</p><p>The casino and hospitality business company's revenue for the first half of the year was HK$17.8 billion, 36.3% higher than HK$13.0 billion booked a year ago.</p><p>The company attributed the increase in revenue to the continued recovery of tourism in Macau resulting in the recovery of revenues from the company's casino and hospitality businesses.</p><p>The company's shares were down nearly 2% in recent trade.</p><p>Price (HKD): $4.28, Change: $-0.050, Percent Change: -1.15%</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Melco International Development's H1 Loss Shrinks as Revenue Surges 36%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMelco International Development's H1 Loss Shrinks as Revenue Surges 36%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-25 14:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires Live</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Melco International Development (HKG:0200) recorded a loss attributable to owners of HK$253.2 million for the six months ended June 30, narrower than HK$733.2 million last year, a Wednesday filing ...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00200","symbol_name":"新濠国际发展","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2470288349","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2470288349","pubTimestamp":1727245074,"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Melco International Development  recorded a loss attributable to owners of HK$253.2 million for the six months ended June 30, narrower than HK$733.2 million last year, a Wednesday filing with the Hong Kong exchange said.Loss per share attributable to owners stood at HK$0.17 for the reporting period, compared with HK$0.49 a year ago.The casino and hospitality business company's revenue for the first half of the year was HK$17.8 billion, 36.3% higher than HK$13.0 billion booked a year ago.The company attributed the increase in revenue to the continued recovery of tourism in Macau resulting in the recovery of revenues from the company's casino and hospitality businesses.The company's shares were down nearly 2% in recent trade.Price : $4.28, Change: $-0.050, Percent Change: -1.15%","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"00200":"新濠国际发展"},"translate_title":"新濠国际发展上半年亏损收窄，收入飙升36%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00200":0.9},"content_text":"Melco International Development (HKG:0200) recorded a loss attributable to owners of HK$253.2 million for the six months ended June 30, narrower than HK$733.2 million last year, a Wednesday filing with the Hong Kong exchange said.Loss per share attributable to owners stood at HK$0.17 for the reporting period, compared with HK$0.49 a year ago.The casino and hospitality business company's revenue for the first half of the year was HK$17.8 billion, 36.3% higher than HK$13.0 billion booked a year ago.The company attributed the increase in revenue to the continued recovery of tourism in Macau resulting in the recovery of revenues from the company's casino and hospitality businesses.The company's shares were down nearly 2% in recent trade.Price (HKD): $4.28, Change: $-0.050, Percent Change: -1.15%","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.28.1","shortVersion":"4.28.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2470288349"}