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A Very Good Year for Sands China

Newsdesk by Newsdesk
Sun 16 Feb 2014 at 23:41
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Sands China generated record EBITDA of US$2.9 billion in 2013 on net revenues that also set an all-time high of $8.9 billion.

The gains over 2012 were 36.8% and 46.7%, respectively, and were driven by growth across all segments of the company’s sizable Macau operations. They benefited as well from a full year of results from the resort complex at Sands Cotai Central.

Visitation to Sands Cotai Central, The Venetian/Plaza Macao complex and Sands Macaototaled nearly 63 million for the 12 months ended 31st December, the company said.

Net income was up 79.2% to a record $2.21 billion.

The company (HKSE: 1928) will pay an interim dividend of HK$0.87 (11.2 cents US) per share and a special dividend of HK$0.77 (9.9 cents) per share on 26th February.

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