MGM China (02282) said its profit attributable to owners for the six months ended 30 June 2015 dropped 44% year-on-year to HK$1,700 million.
The basic and diluted earnings per share were HK44.7 cents.
Casino revenue amounted to HK$9,037 million, a decrease of 33.4% from a year earlier. Total operating revenue fell 32.9% to HK$9,204 million, which was directly attributable to the changed business conditions in the Macau gaming market that were described previously and which started to impact the Group from the second half of 2014. Adjusted EBITDA amounted to HK$2,436 million, down 36.2% year-on-year.
The proposed interim dividend is HK15.6 cents (2014: HK28 cents) per share, payable on or about 31 August.
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