Latest news with #MLCO
Washington Post
08-05-2025
- Business
- Washington Post
Melco: Q1 Earnings Snapshot
HONG KONG., Hong Kong — HONG KONG., Hong Kong — Melco Resorts and Entertainment Ltd. (MLCO) on Thursday reported earnings of $32.5 million in its first quarter. The Hong Kong., Hong Kong-based company said it had net income of 8 cents per share. Earnings, adjusted for one-time gains and costs, were 12 cents per share.
Associated Press
29-04-2025
- Business
- Associated Press
Melco publishes Company's annual sustainability report 'RISE to go Above & Beyond'
MACAU, April 29, 2025 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment has announced the publication of its sustainability report for the year 2024 ( link ). The strategy continues to guide the Company to go 'Above & Beyond' -- to strive to achieve its commitments to restoring the environment, inspiring its people and communities, sustaining its supply chain and empowering its business to impact positive change. As Melco's strategy, pillar goals and targets evolve in response to shifting environments through wide-reaching efforts as highlighted in the report, the Company aims to actively engage stakeholders on its journey towards a climate-fit and equitable future. Mr. Lawrence Ho, Chairman and CEO of Melco Resorts & Entertainment, said, 'Much more than a service, hospitality is about the experience it creates, the people it supports and the impact it leaves behind. Each year, Melco challenges itself to push this further, believing that luxury and responsibility are not opposing forces but partners in progress, which is reflected in how we uphold strong governance, manage our environmental impact, support our people and communities and lead in responsible gaming. This commitment to progress shaped our approach in 2024, as a year of recalibration in which we continued to strengthen operations, reignite momentum and ensure our integrated resorts remain at the forefront of excellence.' Key performance highlights from Melco's latest 'RISE to go Above & Beyond' sustainability strategy. Awards/Recognition Engaging our People Community Engagement & Investment Energy & Climate Resilience Material Use & Waste Sustaining our Supply Chain Empowering our Business Melco remains steadfast in its commitment to sustainability and invites stakeholders, partners, and communities to join in its journey towards a climate-fit and equitable future. About Melco Resorts & Entertainment Limited Melco Resorts & Entertainment, with its American depositary shares listed on the NASDAQ Global Select Market (NASDAQ: MLCO), is a developer, owner and operator of integrated resort facilities in Asia and Europe. The Company currently operates Altira Macau ( ), an integrated resort located at Taipa, Macau and City of Dreams ( ), an integrated resort located in Cotai, Macau. Its business also includes the Mocha Clubs ( ), which comprise the largest non-casino based operations of electronic gaming machines in Macau. The Company also majority owns and operates Studio City ( ), a cinematically-themed integrated resort in Cotai, Macau. In the Philippines, a Philippine subsidiary of the Company currently operates and manages City of Dreams Manila ( ), an integrated resort in the Entertainment City complex in Manila. In Europe, the Company operates City of Dreams Mediterranean in Limassol in the Republic of Cyprus ( ). The Company also continues to operate three satellite casinos in other cities in Cyprus (the 'Cyprus Casinos'). For more information about the Company, please visit Melco Resorts & Entertainment is majority owned by Melco International Development Limited, a company listed on the Main Board of The Stock Exchange of Hong Kong Limited, which is in turn majority owned and led by Mr. Lawrence Ho, who is the Chairman, Executive Director and Chief Executive Officer of the Company. For media enquiries, please contact: Chimmy Leung Executive Director, Corporate Communications Tel: +852 3151 3765 Email: [email protected]
