Summary by Futu AI
Sands China Limited announced on April 22, 2024 that its controlling shareholder Las Vegas Sands Corp. (LVS) has filed its First Quarter 10-Q Quarterly Report for the year ended March 31, 2024 with the U.S. Securities and Exchange Commission. LVS is a company listed on the New York Stock Exchange and actually owns approximately 71% of the shares in Sands China. The quarterly report includes financial data for LVS's Macau business, which is partly owned by Sands China. Sands China reminds investors that LVS's financial results are prepared according to U.S. accepted accounting principles and differ from the international financial reporting guidelines followed by Sands China. It is also noted in the announcement that forward-looking statements are at risk and do not guarantee that actual results will be in line with expectations. Investors in Sands China should exercise caution when trading company securities.