Maoyan Entertainment Announces 2023 Annual Results: Revenue and Profitability Exceed Historical Levels [Yahoo! Finance]
SANDS CHINA LTD UNSP/ADR (SCHYY)
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Source: Yahoo! Finance
empowered entertainment services in China , today announced its audited consolidated results for the year ended December 31, 2023 Full Year 2023 Financial Highlights Revenue was RMB4,757.4 million, representing a year-over-year increase of 105.1%, compared with RMB2,319 .5 million in 2022. Gross profit was RMB2,384 .9 million, representing a year-over-year increase of 133.8%, compared with RMB1,020 .0 million in 2022. Profit was RMB907 .8 million, representing a year-over-year increase of 766.2%, compared with RMB104 .8 million in 2022. Adjusted EBITDA was RMB1,249.7 million , representing a year-over-year increase of 290.4%, compared with RMB320 .1 million in 2022. Adjusted net profit [1] was RMB1,029 .0 million, representing a year-over-year increase of 342.2%, compared with RMB232.7 million in 2022. [1] We defined adjusted net profit as net profit for the year adjusted by adding back share-based compensation and amortization of intangible assets resulting from busines
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