Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Stock Exchange of Hong Kong  >  Wynn Macau, Limited    1128   KYG981491007

WYNN MACAU, LIMITED

(1128)
  Report  
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsAnalyst Recommendations

Wynn Macau : 3Q Operating Revenue Fell 18% on Year

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/06/2019 | 09:15pm EST

By Yi Wei Wong

Wynn Macau Ltd. (1128.HK) said its third-quarter operating revenue fell 18% on year due to lower VIP gaming revenues.

Operating revenue for the third quarter was $1.07 billion compared with $1.31 billion a year earlier, the casino operator said Thursday.

Adjusted property EBITDA for the company in the quarter was $301.2 million, compared with $409.1 million in the same period last year.

The casino operator said turnover from VIP gaming fell 32.3% on year in the quarter.

The company said it is reconfiguring the West Casino in its Wynn Macau property, and is in preliminary planning and design stages to develop the Crystal Pavilion in its Wynn Palace property.

Construction for the Crystal Pavilion will commence in late 2021, it said.

Write to Yi Wei Wong at yiwei.wong@wsj.com

Stocks mentioned in the article
ChangeLast1st jan.
WYNN MACAU, LIMITED 5.79% 18.26 End-of-day quote.6.04%
WYNN RESORTS -1.88% 129.78 Delayed Quote.31.21%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on WYNN MACAU, LIMITED
12/10WYNN MACAU : Issuance of US$1,000,000,000 5.125% Senior Notes Due 2029 and Discl..
PU
12/09WYNN MACAU : Proposed Issuance of New Series of Senior Notes and Business Update
PU
12/02China picks new leaders for Macau, replaces economy chief
RE
12/01Macau casino revenue slides 8.5% in November
RE
11/27WYNN RESORTS : settles with pension funds over sex allegations
AQ
11/07WYNN MACAU : Inside Information - Unaudited IFRS Results for the Third Quarter o..
PU
11/07WYNN MACAU : Inside Information - Unaudited Results for the Third Quarter and th..
PU
11/06WYNN MACAU : 3Q Operating Revenue Fell 18% on Year
DJ
09/23WYNN RESORTS : Announces Closing of Private Offering of Wynn Resorts Finance, LL..
AQ
09/11WYNN MACAU : Inside Information - Form 8-K Filing by our Controlling Shareholder..
PU
More news
Financials (HKD)
Sales 2019 36 467 M
EBIT 2019 6 422 M
Net income 2019 5 356 M
Debt 2019 22 388 M
Yield 2019 5,45%
P/E ratio 2019 18,7x
P/E ratio 2020 15,8x
EV / Sales2019 3,22x
EV / Sales2020 2,98x
Capitalization 94 885 M
Chart WYNN MACAU, LIMITED
Duration : Period :
Wynn Macau, Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends WYNN MACAU, LIMITED
Short TermMid-TermLong Term
TrendsBullishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 23
Average target price 20,65  HKD
Last Close Price 18,26  HKD
Spread / Highest target 42,4%
Spread / Average Target 13,1%
Spread / Lowest Target -9,09%
EPS Revisions
Managers
NameTitle
Matthew O. Maddox Chief Executive Officer & Executive Director
Ian Michael Coughlan President & Executive Director
Allan Zeman Non-Executive Chairman
Pearse Carruthers Ciarán Chief Operating Officer
Linda Chen Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
WYNN MACAU, LIMITED6.04%12 174
SANDS CHINA LTD.14.93%41 143
GALAXY ENTERTAINMENT GROUP LIMITED16.25%32 218
ARISTOCRAT LEISURE LIMITED57.51%14 988
MELCO RESORTS & ENTERTAINMENT LIMITED33.83%10 845
FLUTTER ENTERTAINMENT PLC45.92%9 204