Gaming operator’s EBITDA in third quarter negative HK$535.5 million; total revenue HK$687 million, down 37.54 per cent from second quarter.
Kenneth Feng
Loss comes at a time when Macao’s casinos were forced shut and partial lockdown was put in place by government to tackle Covid-19 outbreak that started on 18 June.
Group claims to be in good financial shape, with total liquidity of HK$12 billion, remains confident about retendering and supporting government tourism goals.
Group’s president expects upsurge of interest in premium mass market, praises government’s handling of tender process.
Integrated resort commended for its efforts to promote business sustainability in the Greater Bay Area.
