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<Results>MGM CHINA 3Q Adj. EBITDA Rises ~20% YoY
Recommend 7 Positive 17 Negative 6 |
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MGM CHINA (02282.HK)'s controlling shareholder, MGM Resorts International (MGM.US), announced its 3Q25 results for the period ended 30 September. According to IFRS Accounting Standards, MGM CHINA's 3Q25 total revenue was approx. $8.51 billion, up 17.4% YoY. Of which, revenue from MGM Macau/ MGM Cotai increased by 11.6%/ 21.5% to $3.394 billion/ $5.115 billion each. MGM CHINA's quarterly adjusted EBITDA amounted to $2.373 billion, up 19.6% YoY. MGM Resorts International's results also show that MGM CHINA's 3Q25 segment adjusted EBITDAR reached a record of US$284 million, a 20% increase from the same period last year. Net revenue for the quarter was US$1.1 billion, up 17% YoY, mainly due to incline in main floor table games drop. AASTOCKS Financial News Website: www.aastocks.com |
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