Sands China annual revenue climbs despite fourth-quarter slip

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A bus stops outside Sands Macao. REUTERS
A bus stops outside Sands Macao. REUTERS

Sands China (1928) announced that its total net revenue for the fourth quarter of 2024 was US$1.76 billion (HK$13.73 billion), a year-on-year decrease of 5 percent.

The company's net income declined 17.71 percent to US$237 million compared to the same period in 2023.

Adjusted property earnings before interest, taxes, depreciation, and amortization for the fourth quarter was US$571 million, a year-on-year decrease of 12.69 percent.

The company's total net revenue for all of 2024 increased 8.4 percent year-on-year to US$7.08 billion.

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