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Nikkei Markets

HK-Listed Wynn Macau 4Q Net Profit Nearly Quadruples To $179.2 Mln

By Hong Kong Newsroom
Nikkei Markets
HONG KONG (Jan 23) -- Hong Kong-listed Wynn Macau, a unit of Wynn Resorts of the U.S., reported consolidated net profit of $179.23 million for the fourth quarter ended December, almost four times the $46.61 million it posted for the same period a year ago, driven by higher revenues.

The casino operator, which operates Wynn Macau and Wynn Palace resorts, said in a notice to the exchange that operating revenue for the quarter was $1.31 billion as compared to $917.15 million in 2016.

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