Stock Movement | Melco International rises 6% after turning a profit of 1 billion last year

SighingCashier · 2026-04-01T03:15:26+00:00

SJM Holdings International last year turned a profit of 1 billion yuan, and the stock price once rose to 3.87 yuan. The full-year profit for last year was 1.058 billion yuan, and it is expected to incur a loss of 785 million yuan in 2024. The company will continue to advance new plans, including the new luxury hotel project REM and the optimization of retail and dining facilities to enhance guest experience.

SighingCashier

2026-04-01 03:15:26

Abstract generation in progress

Melco International (00200) swung to a profit of 1 billion yuan last year, with the share price picking up and rising temporarily by up to 7%, hitting a high of HK$3.87.

As of 10:10 a.m., it was quoted at HK$3.84, up 6.1%, with turnover of HK$9.19 million.

The company announced that, as of last year-end, full-year profit was 1.058 billion yuan, with basic earnings per share of HK$0.5. No final dividend will be paid; the same period in 2024 recorded a loss of 785 million yuan. Net revenue was 40.241 billion yuan, up 11.25% year-on-year.

Looking ahead, the company will continue to focus on driving forward various new initiatives. Key projects include REM, the new luxury hotel project at Melco Resorts and Entertainment, which is expected to open as scheduled in the second half of this year; meanwhile, the retail and dining facilities at Melco Resorts and Entertainment are also undergoing upgrades to meet guests’ ever-evolving expectations, ensuring that the products always provide a perfect embodiment of quality, innovation, and luxury.

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