Melco International hits 15-month low on lower H1 profit, rivals slip

Sands China

01/09/2026 07:17

** Shares of Melco International Development 0200.HK slip  2.3% to HK$3.015, their lowest level since June 2025
** Stock set for biggest one-day pct fall since August 27 in the seventh consecutive session of decline
** Casino and hotel operator says H1 profit attributable down 11.8% y/y, adjusted EBITDA down 5.8% y/y, while net revenue up 2.7% y/y 
** Macau's August gambling revenue down 1.2% y/y to 21.9 billion patacas ($2.71 billion) in the third consecutive month of decline, but the smallest decline as compared to 8.4% fall in July and 12.1% drop in June
** Rivals fall, with SJM 0880.HK, MGM China 2282.HK, Sands China 1928.HK, Wynn Macau 1128.HK and Galaxy 0027.HK down between 1.1% and 2.6%     
** YTD, Melco down 30.1%, benchmark Hang Seng Index .HSI down 1.2% 

($1 = 8.0750 patacas)

 (Reporting by Donny Kwok)
 ((donny.kwok@thomsonreuters.com))