Melco International Development Limited
0.33
USD
-0.06
(-15.10%)
ISIN
HK0200030994
Return %
Stock
S&P 500
1Y
-59.94
14.39
3Y
-45.78
81.42
5Y
-63.71
68.62
Capital Structure
HKD
•
in mil. unless spec.Working Capital
HKD
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in mil. unless spec.Growth Rates
HKD
•
in mil. unless spec.Semi-annual Revenue
HKD
•
in mil. unless spec.Semi-annual Earnings Per Share
HKD
•
in mil. unless spec.Semi-annual Dividends Per Share
HKD
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in mil. unless spec.Company Description
- CEO
- Yau Lung Ho
- Full Time Employees
- 22,972
- Sector
- Consumer services
- Industry
- Casinos/Gaming
- Address
- The Centrium Hong Kong Hong Kong
- IPO Date
- Jan 1, 1927
- Website
- melco-group.com
- Similar Companies
- Business
- Melco International Development Limited, an investment holding company, engages in the leisure and entertainment business, primarily through casino and hospitality operations in Macau, the Philippines, Cyprus, and Sri Lanka. The company, founded in 1910 and headquartered in Central, Hong Kong, develops, owns, and operates integrated casino resorts including City of Dreams Macau, Studio City Macau, Altira Macau, City of Dreams Manila, and City of Dreams Mediterranean; it also manages Mocha Clubs gaming cafes, satellite casinos, electronic gaming machines, hotels, food and beverage outlets, entertainment venues such as the House of Dancing Water, retail spaces, and conference facilities, while providing financing and management services through subsidiaries like Melco Resorts & Entertainment Limited, in which it holds a majority stake. Its major subsidiary, Melco Resorts & Entertainment Limited, oversees the core casino gaming and entertainment resort facilities across these markets, with additional investments in social gaming via Entertainment Gaming Asia, Inc. In recent developments, Melco International reported a return to profitability with US$45 million net profit in the first half of 2025, driven by operational enhancements including the relaunch of the House of Dancing Water show in Macau in May 2025 and cost optimizations at City of Dreams Manila amid competitive pressures. The company marked a key expansion milestone with the opening of City of Dreams Sri Lanka in August 2025, its first integrated resort in South Asia developed via a capital-light joint venture with John Keells Holdings for approximately US$125 million investment, establishing a model for future high-growth market entries. Further, it announced a rights issue in April 2025 to raise up to HK$781 million (US$100 million) primarily for debt repayment on its 2021 credit facility, alongside planned upgrades to City of Dreams Macau such as the transformation of Countdown Hotel into a 150-suite luxury tower slated for opening in third-quarter 2026; the company also initiated arbitration in March 2025 against a former joint venture partner over a terminated China theme park project. These initiatives reflect Melco International's strategy to optimize its portfolio, pursue asset-light growth, and explore divestment options for assets like City of Dreams Manila to strengthen its balance sheet.
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