Brief: Wynn Macau Says HY Profit Attributable HK$87.5 Million

Wynn Macau

17/08/2023 12:46

Aug 17 (Reuters) - Wynn Macau Ltd  1128.HK :
    * HY PROFIT ATTRIBUTABLE HK$87.5 MILLION VERSUS LOSS HK$3.60
BILLION
    * HY CASINO REVENUES HK$8.27 BILLION VERSUS HK$2.22 BILLION
    * HY OPERATING REVENUES HK$10.74 BILLION VERSUS HK$3.25
BILLION
    * GAMING REVENUES, FINANCIAL CONDITION, COULD BE ADVERSELY
AFFECTED BY DETERIORATION OF CURRENT MACROECONOMIC ENVIRONMENT,
AMONG OTHERS
    * RESTRICTIONS ON EXPORT OF RENMINBI MAY IMPEDE FLOW OF
GAMING
CUSTOMERS FROM PRC TO MACAU
    * RESTRICTIONS ON EXPORT OF RENMINBI MAY INHIBIT GROWTH OF
GAMING
IN MACAU AND NEGATIVELY IMPACT OUR MACAU OPERATIONS
    * CURRENTLY ENTIRELY DEPENDENT UPON MACAU OPERATIONS FOR ALL
OF
OPERATING CASH FLOW
    * FAILURE TO SHIFT MIX OF OUR TABLE GAMES IN ANTICIPATION OF
MARKET DEMANDS AND INDUSTRY TRENDS MAY NEGATIVELY IMPACT OUR
OPERATING RESULTS
    * CURRENCY EXCHANGE CONTROLS AND CURRENCY EXPORT
RESTRICTIONS
COULD NEGATIVELY IMPACT MACAU OPERATIONS


Further company coverage:  1128.HK 

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