UPDATE 1-Sands China profit, revenue up in first half
ATLANTA |
ATLANTA Aug 26 (Reuters) - The Sands China (1928.HK) unit of casino operator Las Vegas Sands Corp (LVS.N) turned in higher first-half profit and revenue as consumers flocked to its properties in Macau, according to a regulatory filing on Thursday.
In a filing with the U.S. Securities and Exchange Commission, the company said profit at Sands China rose to $250.5 million in the six months ended June 30, up from $58.3 million a year earlier.
Net revenues gained 32 percent to $1.98 billion in the half.
Sands China began trading on the Hong Kong exchange in November 2009.
Shares of Las Vegas Sands were up 1.9 percent, or 54 cents, to $29.13 in morning New York Stock Exchange trading. (Reporting by Karen Jacobs, editing by Dave Zimmerman)
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