MGM China posts record full-year results and raises dividend payout

The company has proposed a final dividend of HK$0.353 per share.

Macau.- MGM China Holdings Limited has reported record financial results for 2025, supported by growth across its gaming operations and a continued recovery in Macau’s tourism market. For the year ended December 31, the company posted operating revenue of HK$34.79bn (US$4.44bn), representing a 10.8 per cent increase from HK$31.39bn (US$4.00bn) in 2024. Casino revenue rose 11.7 per cent to HK$30.47bn (US$3.89bn).

The company’s adjusted EBITDA climbed 10.4 per cent to HK$10.01bn (US$1.28bn), while operating profit increased to HK$6.71bn (US$859m) from HK$6.16bn (US$789m) a year earlier. Profit attributable to owners grew 10.2 per cent to HK$5.08bn (US$651m), with basic earnings per share at HK133.5 cents and diluted earnings per share at HK132.9 cents.

In its filing on Thursday, March 19, the company proposed a final dividend of HK$0.353 per share, totalling HK$1.34bn (US$171m) or 26.4 per cent of annual profit attributable to owners. This follows an interim dividend of HK$0.313 per share, bringing the total dividend for 2025 to HK$0.666 per share. The payout would be consistent with the company’s policy of distributing semi-annual dividends of up to 50 per cent of anticipated annual profit. The final dividend is expected to be paid on June 3 subject to shareholder approval.

The group noted that its overall market share in Macau rose to 16.1 per cent, up from 15.8 per cent in the previous year. Growth was driven primarily by the premium mass segment, which accounted for 87 per cent of gross gaming revenue.

The main floor table games win rose 10.2 per cent to HK$31.51bn (US$4.04bn). The VIP table games win rose 19.5 per cent to HK$4.84bn (US$621m), aided by improved win rates despite lower turnover. The slot machine gross win increased 3.3 per cent to HK$2.30bn (US$294m). Non-gaming revenue rose 5.2 per cent to HK$4.32bn (US$552m).

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The company has proposed a final dividend of HK$0.353 per share. Macau.- MGM China Holdings Limited has reported record financial results for 2025, supported by growth across its gaming operations and a continued recovery in Macau’s tourism market. For the year ended December 31, the company posted operating revenue of HK$34.79bn (US$4.44bn), representing a 10.8…