HKG:2282

5 stories mentioning HKG:2282Updated 8d ago

Every FINWIRES story that references HKG:2282, newest first.

MGM China's Attributable Profit Slips in H1; Interim Dividend Declared

MGM China (HKG:2282) recorded a decline in attributable profit in the six months ended June 30 to HK$1.9 billion from HK$2.38 billion a year prior.Earnings per share fell to HK$0.499 from HK$0.625 previously, according to a Hong Kong bourse filing by the casino operator.Operating revenue increased to HK$17.4 billion from HK$16.7 billion.The company declared an interim dividend of HK$0.25 per share, payable on or around Sept. 3 to shareholders of record on Aug. 24.

HKG:2282

Asia15d ago

MGM China's Revenue Edges Lower in Q2

MGM China (HKG:2282) posted second-quarter revenue of $1.10 billion, down from $1.11 billion a year earlier.Adjusted EBITDAR declined to $256.7 million from $301.3 million, according to a Thursday Hong Kong bourse filing.For the first half, revenue increased to $2.22 billion from $2.14 billion, while adjusted EBITDAR decreased to $530.2 million from $586.9 million.

HKG:2282

Asia99d ago

MGM China Issues $750 Million Senior Bonds Due 2033

MGM China (HKG:2282) agreed to issue $750 million of 6.250% senior unsecured notes due May 15, 2033, according to a Thursday Hong Kong bourse filing.The notes were priced at 100% of the principal amount and are expected to be issued on May 13.The casino operator expects net proceeds of about HK$5.80 billion, or $739.9 million, after deducting underwriting discounts and offering expenses.It plans to use the proceeds to repay part of the amounts outstanding under its revolving credit facility and for general corporate purposes.The notes will pay interest semi-annually at 6.250% and mature on May 15, 2033.

HKG:2282

Asia101d ago

MGM China Eyes Bond Offering

MGM China (HKG:2282) is considering a bond offering to professional investors, according to a Tuesday Hong Kong bourse filing.Proceeds from the proposed issue are intended to be used to repay part of an outstanding amount under a 2025 revolving credit facility, as well as for general corporate purposes.

HKG:2282

Asia106d ago

MGM China's Revenue Rises in Q1

MGM China (HKG:2282) posted total revenue of HK$8.77 billion for the first quarter, up from HK$7.99 billion a year earlier, according to a Thursday Hong Kong bourse filing.Adjusted EBITDA rose to HK$2.46 billion from HK$2.37 billion in the prior-year period.

HKG:2282

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