Aug 16, 2019 Newsdesk Latest News, Macau, Top of the deck  
Macau casino operator Wynn Macau Ltd has declared an interim dividend of HKD0.45 (US$0.06) a share for the first half of 2019.
Wynn Macau Ltd told the Hong Kong Stock Exchange on Thursday that it expected the dividend to be payable on September 16 to shareholders on record on September 3.
Based on Wynn Macau Ltd’s outstanding shares, GGRAsia calculates that the company will pay out almost HKD2.34 billion as an aggregate interim dividend.
Wynn Macau Ltd reported last week that its net profit rose to US$168.6 million in the second quarter of 2019, 5.2 percent more than the year before. Second-quarter revenue grew to US$1.18 billion from US$1.16 billion.
For the first six months of 2019, the company recorded a net profit of nearly US$359.2 million, down 7.1 percent from the prior-year period.
The company runs the Wynn Macau casino hotel, on the Macau peninsula, and the Wynn Palace casino resort (pictured) in the city’s Cotai district. U.S.-based operator of casinos Wynn Resorts Ltd is the parent company of Wynn Macau Ltd.
May 18, 2022
May 16, 2022
May 20, 2022
May 20, 2022
May 20, 2022
South Korea on Thursday said it would from June 1 resume issuing short-term tourism visas for trips to the country’s mainland, for individual visitors and groups of tourists. Permits for...
(Click here for more)
”[Revenue at Okada Manila] will be around 80 percent of the pre-pandemic level in 2022 before recovering almost fully in 2023"
Satoru Aoyama, Akash Gupta and Kalai Pillay
Analysts at credit rating agency Fitch