Metro-Goldwyn-Mayer Aktie
WKN DE: 909572 / ISIN: US5916101000
07.11.2016 14:41:36
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MGM China Q3 Adj. EBITDA Sequentially Rises
(RTTNews) - MGM China Holdings Limited reported that its Adjusted EBITDA for the third-quarter was up 24% sequentially to HK$1.3 billion. For the Period, Macau's gross gaming revenue grew by approximately 7% sequentially.
EBITDA margin grew to 33% for the Period as a result of business mix and cost management, a 350bps improvement from in the second quarter. Main floor business accounted for nearly 80% of the Group's profit.
MGM China posted total revenue of HK$3.9 billion, increased by 11% from the second quarter.

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