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Stock impact report

Studio City International Holdings Limited Announces Unaudited Fourth Quarter 2023 Earnings [Yahoo! Finance]

Studio City International Holdings Limited American depositary shares, each representing four Class A ordinary shares (MSC) 
Last studio city international holdings limited american depositary shares, each representing four class a ordinary shares earnings: 2/20 07:58 am Check Earnings Report
Company Research Source: Yahoo! Finance
integrated resort located in Cotai, Macau, today reported its unaudited financial results for the fourth quarter and full year ended December 31, 2023. Total operating revenues for the fourth quarter of 2023 were US$141.3 million, compared with total operating revenues of US$4.2 million in the fourth quarter of 2022. The change was primarily attributable to the relaxation of COVID-19 related restrictions in Macau in January 2023 and the opening of Studio City Phase 2, which led to an increase in revenue from casino contract and higher non-gaming revenues. Studio City Casino generated gross gaming revenues of US$294.8 million and US$40.9 million for the fourth quarters of 2023 and 2022, respectively. Studio City Casino's rolling chip volume was US$566.0 million in the fourth quarter of 2023 versus US$251.4 million in the fourth quarter of 2022. The rolling chip win rate was 1.86% in the fourth quarter of 2023 versus 2.70% in the fourth quarter of 2022. The expected rolling chip w Show less Read more
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