Melco International Development's listed subsidiary Melco Resorts and Entertainment announced the unaudited financial performance for the third quarter ending September 30 of the same year on November 5, 2024. Melco Resorts and Entertainment's total operating revenue for the quarter reached 1.18 billion USD, an increase of approximately 16% from the same period last year's 1.02 billion USD, mainly due to the increase in inbound tourists to Macau. The adjusted property EBITDA was 0.3225 billion USD, slightly higher than the previous year's 0.2806 billion USD. Melco Resorts and Entertainment's net income for the third quarter was 27.3 million USD, with a loss of 0.04 USD per American depositary share. As of the end of the third quarter, the company's cash and bank balance was 1.25 billion...Show More

Melco International Development's listed subsidiary Melco Resorts and Entertainment announced the unaudited financial performance for the third quarter ending September 30 of the same year on November 5, 2024. Melco Resorts and Entertainment's total operating revenue for the quarter reached 1.18 billion USD, an increase of approximately 16% from the same period last year's 1.02 billion USD, mainly due to the increase in inbound tourists to Macau. The adjusted property EBITDA was 0.3225 billion USD, slightly higher than the previous year's 0.2806 billion USD. Melco Resorts and Entertainment's net income for the third quarter was 27.3 million USD, with a loss of 0.04 USD per American depositary share. As of the end of the third quarter, the company's cash and bank balance was 1.25 billion USD, with a total debt of 7.17 billion USD. During the period, Melco Resorts and Entertainment used approximately 0.1126 billion USD in cash to repurchase around 20.7 million American depositary shares and canceled approximately 17.7 million shares. Capital expenditures for the third quarter were 64.6 million USD, mainly for upgrade projects at City of Dreams and Studio City in Macau, as well as development projects in Sri Lanka.