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Result Announcements

23/07/2020 09:00

Sands China (01928) 2Q net turns loss at US$549 million

[ET Net News Agency, 23 July 2020] Sands China Ltd. (01928) said for the fiscal second
quarter ended 30 June 2020, on a US GAAP basis, its total net revenues decreased 98.1%,
compared to the second quarter of 2019, to US$40 million. Net loss was US$549 million,
compared to net income of US$511 million in the second quarter of 2019.
Its adjusted property EBITDA loss was US$312 million for the second quarter of 2020,
compared to an adjusted property EBITDA of US$765 million for the second quarter of 2019.

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