Melco International Development Unit's Q1 Profit More Than Doubles

MT Newswires Live
09 May

Melco International Development (HKG:0200) subsidiary Melco Resorts & Entertainment's attributable profit more than doubled to $32.5 million in the first quarter from $15.2 million in the year-ago period, according to a Thursday filing with the Hong Kong bourse.

Earnings per share at the resort operator increased to $0.026 from $0.012 in the prior-year period.

Total operating revenues grew 11% to $1.23 billion from $1.11 billion in the year-ago period.

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