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  • August 28, 2014
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Results 1 - 10 of 32 for Macau

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  1. Business - Companies - EARNINGS

    Wynn Macau faces tough times as wages and resort design costs rise

    Posted Aug 21st 2014, 09:40am by TIFFANY AP

    ... times in store for Wynn Macau as wages rise Casino and hotel operator Wynn Macau reported flat interim results and faces a tough second half as rising wages and design costs for its new resort, ... for more free accommodation for VIP clients. On Wednesday, Wynn Macau also posted a statement to the stock exchange saying it would boost its Wynn Palace budget for design services to HK$156 ...

    http://www.scmp.com/business/companies/article/1578275/wynn-macau-first-half-profit-down-124pc
  2. Business - Money - EARNINGS

    Melco net income falls 20pc; Macau stocks hammered

    Posted Aug 08th 2014, 04:28am by Sophie Yu, Bloomberg

    ... Sophie Yu and Bloomberg sophie.yu@scmp.com Slower-than-expected growth in mass market gaming revenues for July sparks sell-off in sector Macau stocks take hit as Melco's net profit ... Revenue dropped 7 per cent to US$1.2 billion from US$1.3 billion, due to lower group-wide rolling chip revenues at its gaming facilities. "We believe that Macau remains the most exciting ...

    http://www.scmp.com/business/money/markets-investing/article/1568704/melco-net-income-falls-20pc-macau-stocks-hammered
  3. Business - Companies - EARNINGS

    Galaxy Entertainment beats analyst expectations in second quarter

    Posted Aug 19th 2014, 03:08pm by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Galaxy beats estimates for quarter but view clouded Macau casino operator Galaxy Entertainment Group saw its second-quarter earnings before interest, taxes, ... have moved down but overall for the entire year, things will be satisfactory." However, a report from investment firm Reorient said the sharp drop-off in overall Macau mass gaming last ...

    http://www.scmp.com/business/companies/article/1576848/galaxy-entertainment-earnings-beat-analyst-expectations
  4. Business - China Business - EARNINGS

    MGM China reports 23pc rise in net profit

    Posted Aug 06th 2014, 10:28am by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com Macau casino operator MGM China posted a 23 per cent rise in year-on-year net profit during the six months ended June 30, driven by strong growth in the mass ... a process which started since the beginning of this year “to maximise our yield”. During the six months, VIP revenue increased only one per cent from a year ago. The VIP segment in Macau ...

    http://www.scmp.com/business/companies/article/1567448/mgm-china-reports-23pc-rise-net-profit
  5. Business - Banking & Finance - EARNINGS

    Dah Sing profit climbs 29pc on lower China lending

    Posted Aug 28th 2014, 05:03am by DON WEINLAND

    ... Comercial de Macau and Dah Sing Bank (China). Shares of both companies rallied on the news. The banking group's stock closed up 1.9 per cent to HK$14 while Financial Holdings shares rose ...

    http://www.scmp.com/business/banking-finance/article/1581319/dah-sing-profit-climbs-29pc-lower-china-lending
  6. Business - Companies - EARNINGS

    Building boom drives China State Construction’s first-half profit up 25pc

    Posted Aug 14th 2014, 01:59pm by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com China State Construction International posted a 24.93 per cent jump in first-half net profit as construction business boomed in Hong Kong and Macau ... half of the year. Zhou said the contract value of the Macau MGM Cotai project amounted to about HK$10.5 billion, setting a new group record for a single contract. But profits of some large ...

    http://www.scmp.com/business/companies/article/1573468/building-boom-sees-china-state-constructions-first-half-profit
  7. Business - Companies - EARNINGS

    Sands faces headwinds after record first half

    Posted Aug 15th 2014, 04:34pm by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Macau casino operator reports 35.7 per cent jump in first-half earnings, but sharp fall in mass gaming and hotel project delay cloud prospects Sands faces headwinds after record profit A record-breaking first half for Macau casino operator Sands China could mask the risk of a sudden slowdown in the second half of the year as the mass gaming segment ...

    http://www.scmp.com/business/companies/article/1574221/sands-china-sets-first-half-record
  8. Business - Companies - EARNINGS

    SCMP profit buoyed by strong print and online ad sales

    Posted Aug 22nd 2014, 01:21am by BIEN PEREZ

    ... environment in the first half, SCMP managed to beef up its operations. The company bought luxury lifestyle magazines Destination Macau and DM Exclusive, as well as expanded its outdoor advertising ...

    http://www.scmp.com/business/companies/article/1578738/scmp-profit-buoyed-strong-print-and-online-ad-sales
  9. Business - Companies - EARNINGS

    Houseware retailer takes MTR route to expansion

    Posted Jul 28th 2014, 04:27am by TIFFANY AP

    ... consumption habits to its home market. Business in mainland China, Malaysia and Macau were not as strong. The company attributed the former two's performance to its recent entry, saying it still had yet to properly adapt the product selection to local tastes. In Macau, business was bogged down by high rents. Meanwhile, the Nielsen Hong Kong consumer confidence index reported a sharp ...

    http://www.scmp.com/business/companies/article/1560741/houseware-retailer-takes-mtr-route-expansion
  10. Business - Companies - EARNINGS

    Hutchison Telecom expects better days ahead after drop in 1H net profit

    Posted Jul 31st 2014, 01:24am by BIEN PEREZ

    ... market." Hutchison Telecom, a subsidiary of conglomerate Hutchison Whampoa, operates its mobile services in Hong Kong and Macau under its Three brand, while its fixed-line operations fall under ...

    http://www.scmp.com/business/companies/article/1562991/hutchison-telecom-expects-better-days-ahead-after-drop-1h-net

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