Wynn Macau: 1st Half Net Profit HK$1.59 Billion

By Chester YungFeaturesDow Jones Newswires

Casino Operator Wynn Macau Ltd. (1128.HK) reported a nearly 40% rise in its first-half net profit, buoyed by higher casino revenues.

The Hong Kong-listed unit of Wynn Resorts Ltd. (WYNN) said net profit for six months ended June 30 rose to 1.59 billion Hong Kong dollars (US$203 million) from HK$1.14 billion a year earlier, while casino revenue jumped 70% to HK$15.60 billion.

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The company declared an interim dividend of HK$0.21 per share.

Wynn Macau's earnings were released weeks ago along with the financial results of its parent Wynn Resorts.

Write to Chester Yung at chester.yung@wsj.com

(END) Dow Jones Newswires

August 17, 2017 05:44 ET (09:44 GMT)