Melco Resorts & Entertainment Limited, a subsidiary of Melco International Development Limited, reported its financial results for the three months ending June 30, 2025. The company recorded a net income attributable to Melco Resorts & Entertainment Limited of $17.192 million. The adjusted property EBITDA for the period was $318.735 million, a significant increase from $167.161 million in the same period of the previous year. The results also highlighted an income tax expense of $11.898 million and interest and other non-operating expenses amounting to $103.403 million. The company incurred property charges and other expenses totaling $44.991 million, alongside development costs of $1.846 million and pre-opening costs of $27.194 million. Melco Resorts & Entertainment Limited's performance reflects the company's operations across various regions, including Macau, the Philippines, and the Republic of Cyprus, with potential impacts from changes in the gaming market and local and global economic conditions. The reported figures indicate the company's ongoing efforts in managing its expenses and growth strategies amid market volatility.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.