Melco International Development Limited has announced its unaudited interim results for the six months ending 30 June, revealing a turnaround in its financial performance.
The company reported net revenues of HK$19.96 billion (US$2.56 billion) for the first half of 2025, an increase of HK$2.20 billion (US$282.1 million), or 12.4 percent, compared to HK$17.77 billion (US$2.28 billion) for the six months ending 30 June 2024. This growth was primarily attributed to improved performance in both overall gambling and non-gambling operations.
Earnings before interest, taxes, depreciation, and amortisation generated by the group reached HK$5.37 billion (US$688.5 million) for the six months ending 30 June, up from HK$4.49 billion (US$575.6 million) in the corresponding period of 2024.
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A significant highlight is the profit attributable to owners of the company, which stood at HK$350.8 million (US$45.0 million) for the first half of 2025. This marks a positive shift from the loss attributable to owners of HK$253.2 million (US$32.5 million) for the six months ending 30 June 2024.
Basic earnings per share for owners of the company were HK$0.18 (US$0.023) for the recent period, contrasting with a basic loss per share of HK$0.13 (US$0.017) in the prior year. As of 30 June 2025, the net asset value per share attributable to owners of the company was HK$0.4 (US$0.051), an increase from HK$0.02 (US$0.0026) as of 31 December 2024.
The board of directors has not recommended the payment of an interim dividend for the six months ending 30 June.
This article was drafted by AI before being reviewed by an editor.