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Earnings Call Summary | Las Vegas Sands(LVS.US) Q1 2024 Earnings Conference

Earnings Call Summary | Las Vegas Sands(LVS.US) Q1 2024 Earnings Conference

業績電話會議摘要 | 拉斯維加斯金沙集團 (LVS.US) 2024 年第一季度業績會議
富途資訊 ·  04/18 09:35  · 電話會議

The following is a summary of the Las Vegas Sands Corp. (LVS) Q1 2024 Earnings Call Transcript:

以下是拉斯維加斯金沙集團（LVS）2024年第一季度業績電話會議記錄摘要：

Financial Performance:

財務業績：

  • The company sees a steady growth in Macao's market with annual run rate increasing each quarter, culminating in a revenue of $28 billion.

  • Despite disruptions, a solid result for the quarter was delivered in Macao with an EBITDA of $610 million.

  • Singapore has seen record performance with MBS and EBITDA at its peak of $597 million.

  • The company repurchased $450 million of LVS stock and maintained quarterly dividends.

  • LVS witnessed payroll cost inflation due to holiday pay and salary increments.

  • The company achieved a one-time tax reversal in Macau amounting to $57 million, but expects future tax rates to normalize.

  • The company is working on reducing its debt levels at the LVS and SEL.

  • 該公司預計，澳門市場將穩步增長，每季度的年運行率都在增加，最終實現280億澳元的收入。

  • 儘管出現了中斷，但澳門本季度仍取得了穩健的業績，息稅折舊攤銷前利潤爲6.1億美元。

  • 新加坡創下了創紀錄的業績，MBS和息稅折舊攤銷前利潤達到了5.97億美元的峯值。

  • 該公司回購了4.5億美元的LVS股票，並維持了季度分紅。

  • LVS目睹了假日工資和工資增幅導致的工資成本上漲。

  • 該公司在澳門實現了總額爲5700萬澳元的一次性稅收逆轉，但預計未來的稅率將恢復正常。

  • 該公司正在努力降低其在LVS和SEL的債務水平。

Business Progress:

業務進展：

  • The company expects future growth in Macao, aiming to secure this through investment in quality and scale of market assets. An estimated growth to $30 billion - $40 billion is anticipated in the coming years.

  • The company is involved in capital work renovations at The Londoner and Cotai Arena, which are expected to strengthen its competitive position by 2025.

  • The company sees potential growth in Singapore as investment programs are completed.

  • Future investment is being funneled into asset development in Macau and renovations in Singapore. Planned expansions to New York City and Thailand are ongoing.

  • There's an intent to reduce total debt borrowed during the pandemic.

  • The company is interested in expanding into Thailand due to its high growth potential.

  • An investment-grade balance sheet is to be maintained while the company actively seeks new development opportunities.

  • The company's share in 1928 HK has escalated to 71%, and there are active efforts to further increase this stake.

  • 該公司預計澳門的未來增長，旨在通過投資市場資產的質量和規模來確保這一增長。預計未來幾年將增長至300億至400億美元。

  • 該公司參與倫敦人和路氹競技場的資本工程翻新，預計到2025年，這將加強其競爭地位。

  • 隨着投資計劃的完成，該公司認爲新加坡有潛在的增長。

  • 未來的投資將流向澳門的資產開發和新加坡的翻新。計劃向紐約市和泰國的擴張正在進行中。

  • 有意減少疫情期間的借款總額。

  • 由於其高增長潛力，該公司有興趣向泰國擴張。

  • 在公司積極尋求新的發展機會的同時，將維持投資級資產負債表。

  • 該公司在1928年香港的份額已上升至71％，並且正在積極努力進一步增加該股份。

More details: Las Vegas Sands IR

更多詳情： 拉斯維加斯金沙國際機場

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。

譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的，不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
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