Sands China Ltd Shs Unitary 144A/Reg S

01928: XHKG (HKG)

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Sands China Earnings: Renovation Disruption Coming to an End; Ready to Regain Market Share

Chokwai Lee

Feb 3, 2025

With 20% of room keys out of service due to renovation closures, Sands China's fourth-quarter gross gaming revenue fell 2.5% from a quarter earlier, implying a sharp GGR market share drop to 22.9% from 24.5% the previous quarter, and leading to a 2.4% decline in adjusted EBITDA to USD 371 million.

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Sands China Ltd Shs Unitary 144A/Reg S

Sands China Earnings: Renovation Disruption Coming to an End; Ready to Regain Market Share

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