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<Results>SANDS CHINA LTD 4Q25 Net Revenues Up 16.4% YoY, Adj. Property EBITDA Up 6.5%
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Positive
23
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The controlling shareholder of SANDS CHINA LTD (01928.HK), Las Vegas Sands Corp., announced its 2025 results.

On a US GAAP basis, total net revenues for 4Q25 increased 16.4% YoY to US$2.05 billion, while net income fell by 10.1% to US$213 million. Adjusted property EBITDA was US$608 million, up 6.5% YoY.

Related NewsUBS: SANDS CHINA LTD 4Q25 EBITDA Misses; Rating Neutral
For 2025, total net revenues for SANDS CHINA LTD increased 5.1% YoY to US$7.44 billion, while net income dropped 14.2% to US$901 million. Adjusted property EBITDA decreased 0.9% to US$2.31 billion.
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