International edition
June 24, 2021

Operator reported 18% revenue increase in first half of 2017

Gaming business boosted Melco's performance during H1

Gaming business boosted Melco's performance during H1
The company announced that its revenue in the six months ending June 30 shot up 262% to USD $2.56B, while adjusted earnings rose 298.5% to USD 4.7B. However, profit fell 98.4%.
Macau | 09/04/2017

The company announced that its revenue in the six months ending June 30 shot up 262% to USD $2.56B, while adjusted earnings rose 298.5% to USD 4.7B. However, profit fell 98.4%.

M

elco said the stellar results in the half year were mainly attributable to improved performance in the group-wide rolling chip and mass market table games segments.

Lawrence Ho, group chairman and CEO of Melco International noted that visitation has been on the rise in Macau and players are “coming back to the tables.”

“With our exposure balanced among VIP and mass gamers, as well as the broader tourism market, we are cautiously optimistic as the overall market begins to show signs of recovery and new infrastructure developments come online in the near future.”

“In the meantime, we will continue to invest in our properties to ensure our integrated resorts are best positioned to thrive ahead of these evolving trends,” he added.

Melco International has declared the payment of an interim dividend of HK2.2 cents per share for the six-month period ended 30 June 2017.

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