Sands China Ltd ('Sands China') announced its financial performance for the third fiscal quarter ending September 30, 2024, controlled by shareholder las vegas sands corp ('LVS'). LVS is listed on the New York Stock Exchange in the USA and holds approximately 71% equity in Sands China. Sands China's net income for the third quarter decreased by 1.0% from the same period last year to $1,770,000,000, with a net income of $268,000,000, an increase from $231,000,000 in the same period last year. Adjusted property EBITDA was $585,000,000, lower than the $631,000,000 in the same period last year. Sands China also completed a transaction to purchase common stock in October 2024, increasing LVS's ownership percentage to 71.31%. In addition, Sands China entered into a new financing agreement on October 23, 2024, providing unsecured...Show More

Sands China Ltd ('Sands China') announced its financial performance for the third fiscal quarter ending September 30, 2024, controlled by shareholder las vegas sands corp ('LVS'). LVS is listed on the New York Stock Exchange in the USA and holds approximately 71% equity in Sands China. Sands China's net income for the third quarter decreased by 1.0% from the same period last year to $1,770,000,000, with a net income of $268,000,000, an increase from $231,000,000 in the same period last year. Adjusted property EBITDA was $585,000,000, lower than the $631,000,000 in the same period last year. Sands China also completed a transaction to purchase common stock in October 2024, increasing LVS's ownership percentage to 71.31%. In addition, Sands China entered into a new financing agreement on October 23, 2024, providing unsecured revolving credit financing and term loan financing totaling approximately $4,180,000,000. The company stated that with capital investment projects in the Macau and Singapore markets, it anticipates growth opportunities in the future years. Sands China's financial performance is prepared in accordance with US Generally Accepted Accounting Principles, differing from International Financial Reporting Standards.