MGM China Holdings Ltd. Reports 11.3% Decline in Profit Attributable to Owners for H1 2025 Due to Increased Operating Costs and Foreign Currency Losses
MGM China Holdings Ltd. has released its financial results for the six months ended June 30, 2025. The company reported an all-time high operating revenue of HK$16.66 billion, marking a 2.7% increase compared to the same period in 2024. Adjusted EBITDA remained stable at approximately HK$4.9 billion for both 2025 and 2024. However, the profit attributable to owners of the company saw an 11.3% decline to HK$2,383.3 million, attributed to higher operating costs and expenses, as well as a net foreign currency loss from US dollar-denominated senior notes. Earnings per share for the period decreased, with basic EPS at HK62.8 cents and diluted EPS at HK62.5 cents, compared to HK70.0 cents and HK70.2 cents, respectively, in the prior year. The company's overall gaming market share declined to 10.2% from 10.5% in the same period of 2024. MGM China Holdings Ltd. continues to operate its two integrated casino, hotel, and entertainment resorts in Macau-MGM MACAU and MGM COTAI-offering high-quality gaming and hospitality experiences.
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