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  • July 30, 2014
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Results 1 - 10 of 23 for Macau

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  1. 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 ...

  2. Business - Companies - EARNINGS

    Jeweller Luk Fook posts record profit of HK$1.86b after gold binge

    Posted Jun 27th 2014, 01:04am by TIFFANY AP

    ... but in Macau our rental expense is still rising very fast. "In Hong Kong we will work on finding more attractive spaces." Over the past year, the group has focused on opening landmark stores ... are frequented by more mainland tourists, he said. The company is unlikely to expand further in Macau in the coming financial year given that it recently opened a flagship outlet there- its largest ...

  3. Business - Companies - EARNINGS

    Wynn Macau outlook dims after strong results

    Posted Feb 05th 2014, 05:37am by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Wynn Macau outlook dims after strong results Casino operator Wynn Macau's fourth-quarter results beat analyst expectations but its growth will see some ... it carried out renovation of about 600 guestrooms in the original Wynn Macau tower, which caused an estimated 3 per cent reduction in the number of available rooms in the quarter. Kim expects Wynn ...

  4. Business - Companies - EARNINGS

    Mass-market gamblers boost Sands China profit

    Posted Apr 26th 2014, 01:21am by BLOOM

    ... Bloomberg Mass-market gamblers drive Sands China profit Sands China, the Macau casino operator controlled by Sheldon Adelson, posted a 50 per cent gain in first-quarter profit as its ... reported first-quarter results that beat analysts' estimates. Sands China and Galaxy Entertainment are among Macau casinos attracting more holidaymakers as they added shopping malls, theatres ...

  5. Business - Companies - EARNINGS

    MGM profit in Macau misses market target

    Posted Nov 02nd 2013, 03:13am by BLOOM

    ... Bloomberg in Hong Kong MGM profit in Macau misses market target MGM China, a Macau casino operator, reported third-quarter profit that missed analyst estimates amid rising competition ... competition from bigger rivals such as Sands China and Galaxy Entertainment, which already have projects on the popular Cotai Strip in Macau. MGM has one casino on the peninsula and is building its ...

  6. Business - Companies - EARNINGS

    Wynn Macau profit rises as economy rebounds

    Posted Oct 26th 2013, 02:55am by BLOOM

    ... Bloomberg Wynn Macau profit rises as economy rebounds Wynn Macau, the casino operator controlled by Steve Wynn, posted a 13 per cent increase in third-quarter earnings on Thursday, ... according to a statement by parent company Wynn Resorts. That surpassed a US$300.6 million average estimate of 10 analysts. Net revenue climbed 9.6 per cent to US$997.6 million. Wynn Macau would ...

  7. Business - Companies - EARNINGS

    SJM shares fall to eight-month low after revenue misses estimates

    Posted May 14th 2014, 01:20am by BLOOM

    ... year. Competition is intensifying for the owner of the Grand Lisboa casino in Macau's city centre as operators including Sands China and Galaxy Entertainment lured gamblers with shopping, dining and theatrical shows to their resorts on the Cotai Strip, where SJM is not scheduled to have a property until at least 2017. SJM has also lost its No 1 market share position in Macau ...

  8. Business - Companies - EARNINGS

    SJM profit climbs 14.2pc to beat market forecasts

    Posted Feb 27th 2014, 01:34am by TIFFANY AP

    ... hundred machines. Founded by Stanley Ho Hung-sun, SJM held a four-decade long gambling monopoly in Macau. But the group's overall market share declined amid competition from international ... Macau gaming is on track for double-digit growth after a soft month in January when revenue rose just 7 per cent year on year, the slowest in 15 months, largely due to the difference ...

  9. Business - Money - EARNINGS

    Sands eyes bigger share of Macau gaming market after 52pc net rise

    Posted Jan 31st 2013, 10:30am by BIEN PEREZ

    ... Bien Perez bien.perez@scmp.com Sands China, the Macau operation of US casino magnate Sheldon Adelson, is poised to further expand its share of the city's lucrative gaming industry after posting hefty gains in last year's final quarter. "In Macau, we delivered record financial results with outstanding growth and strong operating momentum reflected in every ...

  10. Business - Companies - EARNINGS

    Sands share of Macau revenue rises to 19pc

    Posted Nov 03rd 2012, 12:00am by Toh Han Shih

    ... share of macaurevenue rises to 19 pc Sands China is expected to build a bigger stake in Macau's gaming market after gaining market share and posting better-than-expected profits in the third quarter. The Hong Kong-listed firm's share of gross gaming revenue in Macau rose to 19.3 per cent in the third quarter from 14.3 per cent last year, which translates to 35 per cent ...




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