Trade Sands China Ltd. - 1928 CFD

Sands China Company profile

About SANDS CHINA LTD.

Sands China Ltd. is an investment holding company principally engaged in the development and operation of integrated resorts in Macao. The Company operates many places, including gaming areas, meeting space, convention and exhibition halls, retail and dining areas and entertainment venues. The Company operates its business through six segments: The Venetian Macao, Sands Cotai Central, The Plaza Macao, Sands Macao, Ferry and Other Operations and The Parisian Macao. Through its subsidiaries, the Company is also engaged in the provision of high speed ferry transportation services. The Company's subsidiaries include Cotai Ferry Company Limited, Hotel (Macau) Limited and Development Limited.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, SANDS CHINA LTD. revenues increased 70% to $2.87B. Net loss decreased 31% to $1.05B. Revenues reflect The Venetian Macao segment increase of 70% to $1.26B, Occupancy - %-Sands Macao increase of 73% to 68.2%, Average Daily Room Rate-Plaza Macao increase of 11% to $438. Lower net loss reflects G/L on Sale of Tangible & Intangible FA decrease of 74% to $19M (expense).

Equity composition

Shares are proforma.