Sunday, February 10, 2013

Sands China FY net profit of $1.24B

Sands China (1928) announced FY net profit of $1.24B, up 9.1% on net revenue of $6.51B, up 33.4% from $4.88B in 2011 "mainly driven by the opening of our newest integrated resort, Sands Cotai Central, in 2012, as well as strong visitation". Net casino revenues surged 35.6% on the year to $5.74B. The Board declared a HK$1.16 dividend for 2012.

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