Sands China to get best performance
In the last quarter the local casino operators were able to squeeze more profits out of their business, as their operational performance improved, Morgan Stanley’s Praveen K. Choudhary wrote in a note to investors.
The analyst expects Sands China to have the best results with earnings before interest, taxes, depreciation, and amortization (EBITDA) of MOP 3.5 billion, up by 14 percent.
In yesterday’s edition we published that the Morgan Stanley analyst believes Galaxy will have the best operational performance at MOP 15.8 billion, up by 10 percent quarter-on-quarter.
In truth however, Galaxy is expected to post the third best EBITDA with just HKD 1.97 billion. We apologise for this currency conversion error in our report.
Email to a friend
Print version|
Responsible Right of Expression — In the interest of freedom of expression, coupled with a true sense of responsibility to encourage community dialogue, the Macau Daily Times offers its readers the opportunity to express their opinions on new-related matters through this website. All opinions are welcome. However, we reserve the right to remove comments that are deemed to be obscene, or are merely insults written under the cloak of anonymity. MDT |
- The Decisive Moment
- SINOPINIONS
- Survey finds social groups lack financial independence
- Shuen Ka Hung optimistic towards resolving labour shortage
- SAFP demonstrates energy saving achievements
- Resort experts welcome more non-gaming business
- Gaming revenue to maintain double-digit growth
- Macau – Hengqin island tunnel concluded by August
- Wynn urges dismissal of Okada’s claims over redemption
- Group raises funds for a new elderly home
- The Decisive Moment
- SINOPINIONS
- Macau labor shortage seen as hurdle for casino expansion
- Wynn Macau said to hold loan bank meetings in HK today
- Obstacles for gaming development in Japan, Korea and Taiwan: Macau will “continue to be the gambling Mecca”
Hong Kong Dollar Exchange Rate
Post your comment