Sands China Ltd. (01928) experienced a sharp decline of over 8%. At the time of writing, the stock was down 8.23%, trading at HK$17.29 with a turnover of HK$265 million. The drop follows an announcement from Sands China this morning, which revealed that total net revenue for the fourth quarter of 2025 increased by 16.4% to $2.05 billion compared to the fourth quarter of 2024. Net income for Q4 2025 was $213 million, compared to $237 million in the same period a year earlier. Furthermore, the adjusted property EBITDA for the fourth quarter of 2025 was $608 million, up from $571 million in Q4 2024. For the full year 2025, the adjusted property EBITDA reached $2.31 billion, a slight decrease of 0.858% compared to the $2.33 billion recorded for the full year 2024.