MGM China Holdings’ profit attributable to the owners of the company rose by 10.3 percent to HK$650 million in the first quarter of the year, the Hong Kong-listed US gaming operator has announced.
According to a statement to the Hong Kong Stock Exchange on Tuesday, the company recorded total revenue of HK$5.8 billion in the first three months of the year, a year-on-year growth of 24 percent.
Adjusted EBITDA grew by 27 percent year-on-year to HK$1.6 billion. Adjusted EBITDA margin was 28.1 percent up by 0.7 percentage point year-on-year.
