Firm’s total profit was us$ 1.1 billion for 2011
Sands China revenue up 22 %
(Macau).- Sands China Ltd. revenues for the fourth quarter 2011 rose by 22 % to us$ 1.3 billion. According to Bloomberg, the company’s cash flow in Macau jumped 27 %, mainly due to Macau’s VIP and mass-markets.
2012-02-06
Reading time 24 seg
(Macau).- Sands China Ltd. revenues for the fourth quarter 2011 rose by 22 % to us$ 1.3 billion. According to Bloomberg, the company’s cash flow in Macau jumped 27 %, mainly due to Macau’s VIP and mass-markets.
Las Vegas Sands Corp.’s overall fourth-quarter profit rose 17 %, while that of Sands China increased 44 % to us$ 306.7 million. This brought Sands China total profit to us$ 1.1 billion for the whole of 2011.
Net income increased to us$ 320 million from us$ 273 a year earlier.
In Las Vegas, the company’s revenue increased 9 % to us$ 339.5 million.
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