MBS Q3 earnings hold at US$391m

Singapore

MARINA Bay Sands (MBS) on Friday reported a 0.3 per cent increase in net profit to US$390.7 million for its third quarter ended Sept 30, 2016, while revenue rose 1.6 per cent to US$762.6 million.

In a press release, parent company Las Vegas Sands said: "Marina Bay Sands in Singapore continues to attract visitors from across the region to Singapore. Consistent mass win-per-day of US$4.8 million and strength in non-gaming revenues, including a 10.4 per cent increase in RevPAR (revenue per available room), and higher win percentage in the rolling gaming segment contributed to an adjusted property Ebitda (earnings before interest, taxes, depreciation and amortisation) performance of US$390.7 million."