Casino operator Las Vegas Sands Corp, owned by billionaire Sheldon Adelson, has posted better-than- expected first-quarter earnings, helped by good results in Macau and Singapore, and its shares rose.
Sands said first-quarter net revenue rose 19.5 per cent to US$3.3 billion (HK$25.61 billion), net income rose 14.6 per cent to US$572.0 million (HK$4.44 billion) and earnings per share rose 13.1 per cent to 69 US cents a share.
via Business feed http://www.scmp.com/business/companies/article/1228187/las-vegas-sands-earnings-better-expected
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