Wynn Macau first quarter loss widens to US$161m

Business | 11 May 2021 3:31 pm

Wynn Macau (1128) announced the first-quarter net loss to expand to US$161 million (HK$1.26 billion), compared with US$154 million last year.

Operating revenues fell by 14.73 percent year-on-year to US$417 million. The operating loss was US$72.99 million.

The cash and cash equivalents as of March 31 were US$2.89 billion.

The company said it is unable to determine when virus protective measures will be lifted and when it will be able to resume certain offerings at Macau, Las Vegas, and Encore Boston Harbor.

 



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