Macau Legend Development Ltd. Publishes Audited Financial Results for Year Ended 31 December 2024

Reuters
Jul 01
<a href="https://laohu8.com/S/MALDF">Macau Legend Development Ltd</a>. Publishes Audited Financial Results for Year Ended 31 December 2024

Macau Legend Development Ltd. has released a supplemental announcement regarding its audited financial results for the year ended December 31, 2024. The company, incorporated in the Cayman Islands, provided additional information to its shareholders and potential investors concerning the disclaimer of opinion on its consolidated financial statements. This disclaimer was addressed through discussions with auditors, aiming to either remove it or issue an unqualified opinion with an emphasis on certain matters for the upcoming financial statements. The remedial measures taken by the company, which recorded a robust financial performance with an adjusted EBITDA profit of approximately HK$159.8 million, were highlighted as evidence of operational stability. The company emphasized that its business operations remained normal throughout 2024 and up to the announcement date. The supplemental information did not impact other details disclosed in the 2024 Annual Report. Shareholders and potential investors are advised to exercise caution when dealing in the company's shares.

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