Sands China (01928) said its preliminary profit attributable to equity holders for the year ended 31 December 2016 dropped 16.1% year-on-year to US$1,224 million.
Basic and diluted earnings per share were US15.17 cents.
Net revenues amounted to US$6,653 million, a decrease of 2.4% from a year earlier. The decrease in net revenues was due to the overall market slowdown through the third quarter of 2016 in the Macao gaming industry.
Adjusted EBITDA increased 0.9% year-on-year to US$2,244 million. The increase was primarily driven by the opening of The Parisian Macao in September 2016.
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