28.9 C
Macao
Monday, July 14, 2025
HomeNewsMacauMelco Q1 revenue drops 36%, net loss narrows

Melco Q1 revenue drops 36%, net loss narrows

Melco Resorts & Entertainment said its Q1 revenue dropped 36 percent from a year ago, although its net loss narrowed.

Revenue was $0.52 billion, while the net loss was $232.9 million, down from $364 million a year earlier.

The first quarter of 2020 was only partially affected by Covid lockdowns, explaining the higher revenue for the same time last year.

Company release

AGBrief Editorial
AGBrief Editorialhttps://agbrief.com/about-asia-gaming-brief/
The AGBrief Editorial Team is a group of contributors living around the world that are connected to Asia Gaming Brief. They are active members in pursuing the sources of our news, making them reliable and accurate for our readers.

MORE NEWS

FOLLOW AGB

daily newsletter
Asia Gaming News | AGB - Asia Gaming Brief
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.