By Chester Yung
Sands China Ltd. (1928.HK), the Macau unit of casino operator
Las Vegas Sands Corp. (LVS), said 2014 profit rose 15%, aided by
strong growth in nongaming revenue from hotel, retail,
entertainment and convention businesses, in addition to a slight
increase from casino income.
The Hong Kong-listed company said profit for the year rose to
US$2.55 billion from US$2.21 billion, while net revenue rose 6.7%
to US$9.51 billion.
Adjusted earnings before interest, taxes, depreciation, and
amortization for 2014 increased 12.4% to US$3.26 billion, Sands
China said in the statement.
The company declared a dividend of 2.50 Hong Kong dollars
(US$0.32) per share in 2014.
Write to Chester Yung at chester.yung@wsj.com
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