Melco International Development's US-Listed Subsidiary Melco Resorts Returns to Profit in Q3

MT Newswires Live11-06

Melco International Development's (HKG:0200) NASDAQ-listed subsidiary Melco Resorts & Entertainment returned to an attributable profit of $27.3 million in the third quarter, from a loss of $16.3 million in the year-ago period.

The Nasdaq-listed subsidiary returned to earnings per share of $0.021, from a loss per share of $0.012, according to a Tuesday filing with the Hong Kong Exchange.

Total operating revenue jumped to $1.18 billion from $1.02 billion a year earlier.

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