Marina One Singapore by M+S | Residences | Office | Retail

(Marina Bay News) - Marina Bay Sands records 9.7% rise in net profit for Q1

Published on Apr 25, 2014 12:57 PM by By Grace Leong



SINGAPORE - Marina Bay Sands has posted a net profit of US$435.2 million (S$547.7 million) for its first quarter this year, up 9.7 per cent from a year ago.

This was helped by strong growth in non-gaming revenue and a higher hold rate on VIP play, the Singapore casino said on Friday.

The casino posted total revenues of US$835.4 million, up 5.1 per cent from US$794.9 million a year ago. Mass market revenues grew slightly to US$4.65 million per day, compared with US$4.64 million a year ago.

Its parent, Las Vegas Sands (LVS) posted net profit of US$776.2 million, or 95 US cents a share, for the quarter, up from US$572 million, or 69 US cents a share, a year earlier. Revenue rose 21 per cent to US$4.01 billion.

- See more at: http://www.straitstimes.com/news/business/companies/story/marina-bay-sands-records-97-rise-net-profit-q1-20140425



Marina Sands is the ICONIC ARCHITECT of Marina Bay Singapore - one of the key growth area which will experience a massive transformation- all funded or supported by the Singapore Government.

Marina Bay will see many many future developments with Asia Square is the first followed by Marina One - another Inconic at the heart of new CBD.

More details on Marina One..

Share:

While every reasonable care has been taken in preparing this brochure and in constructing the models and sales gallery/showflats, neither the Developer nor its agents will be held responsible for any inaccuracies or omissions. All statements are believed to be correct but are not to be regarded as statements or representation of facts. All information and specifications are current at the time of going to press and are subject to such changes as may be required by the developer. All plans and models are not to scale unless expressly stated and are subject to any amendments which are required or approved by the relevant authorities. Renderings and illustrations are artist’s impressions only and photographs are only decor suggestions and cannot be regarded as representations of fact. All areas and other measurements are approximate only and subject to final survey. The Sale and Purchase Agreement embodies all the terms and conditions between the developer and the purchaser and supersedes and cancels in all respects all previous representations, warranties, promises, inducements or statements of intention, whether written or oral made by the developer and/or the developer’s agent which are not embodied in the Sale and Purchase Agreement.Copyright 2014 Ryner Koh CEA Licence: CEA Licence No.:L3010008E / R040847Z

All rights reserved - 2013 Marina One Singapore - Luxury Resdiences, Retails and Office. Design and SEO by PropertyBoom.co.