Las Vegas Sands, which has properties around the world, posts strong fourth quarter and full year, but Sands China sees decline.
The company’s net revenue was $3.65 billion, up from $2.90 billion in the year-ago quarter. Operating profit was $707 million, compared to $590 million in the year-ago quarter. In the fourth quarter of 2025, net profit reached $448 million, up from $392 million in the fourth quarter of 2024.
Operating profit for the full year was $2.82 billion (compared to $2.40 billion last year).
The company mainly owns properties in Macau and Singapore, including the Venetian Macao, the Sands Macao, the Londoner Macao, the Plaza Macao & Four Seasons Hotel Macao, the Parisian Macao and the Marina Bay Sands.
Sands of Las Vegas There was once the aptly named “Sands Hotel and Casino” based on the Las Vegas Strip, which was later redeveloped as The Venetian. In February 2022, the company sold The Venetian Resort.
Sands China Net Profit Sees Decline in Las Vegas Sands Fourth Quarter Report
Although there are many positives in other areas of the business, Sands China Ltd (SCL)’s financial results show a decline. Although SCL’s total net revenue, on a GAAP basis, increased 16.4% to $2.05 billion, compared to the fourth quarter of 2024, net income was $213 million, lower than the $237 million reported in the fourth quarter of 2024.
Commenting on the numbers, Chairman and CEO Robert G. Goldstein said: “In Singapore, Marina Bay Sands once again delivered exceptional financial and operational performance. Our elevated suite and service offerings position us for further growth as travel and tourism spending in Asia continues to grow.
“In Macau, our decades-long commitment to making investments that enhance Macau’s business and leisure tourism appeal and support its development as a global center for business and leisure tourism positions us well for future growth. »
“Our financial strength and industry-leading cash flows continue to support our investment programs in Singapore and Macau, our pursuit of growth opportunities in new markets and our program to return excess capital to shareholders.”
Featured Image: Credit to “ToNameOrNotToName” on Wikimedia Commons
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