Summary by Futu AI
Sands China Limited (“Sands China”) announces its controlling shareholder Las Vegas Sands Corp. (“LVS”) for the fourth fiscal quarter and annual results for the year ended December 31, 2023. LVS announced on January 25, 2024 that Sands China's fourth quarter net income increased by 323 percent to $1.86 million over the same period last year, with net revenue of $2.88 million, compared to a net loss of $3.48 million for the same period last year. Total net income for the full year increased by 307% to $6.53 million, net income was $6.96 million and a net loss of $15.8 million last year. Adjusted Property EBITDA was $6.54 million for the fourth quarter and $22.2 million for the full year. Robert Goldstein, Chairman and Chief Executive Officer of LVS, said that the business environment...Show More