Sands China Interim Profit Falls 3.63% to US$398 Million; Net Revenue Up 11%
Sands China (01928) reported interim net profit of US$398 million for the six months ended June 30, 2026, down 3.63% year-on-year. Net revenue rose 11.08% to US$3.879 billion, with casino net revenue up 12% to US$2.93 billion. Adjusted property EBITDA fell 3.4% to US$1.07 billion. The company declared an interim dividend of HK$0.5 per share. Growth was offset by higher customer reinvestment and wage costs.
Sands China (01928) announced interim results for the six months ended June 30, 2026. Profit attributable to shareholders was US$398 million, down 3.63% year-on-year, with earnings per share of 4.92 US cents. An interim dividend of HK$0.5 per share was declared.
Net revenue for the period was US$3.879 billion, up 11.08% year-on-year. Casino net revenue rose 12% to US$2.93 billion. Adjusted property EBITDA was US$1.07 billion, down 3.4%.
The company said that although net revenue recorded growth, the increase was offset by higher customer reinvestment costs, as well as increased wage costs related to the competitive environment, longer table game hours, and service level improvements.
Why this event matters
The event has a measured impact on 1 industry. The strongest current signal is mixed for Tourism, with intensity 50/100 and 60% confidence over a short term horizon.
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