Financial Performance - The group's net revenue for the six months ended June 30, 2023, was HKD 13,040 million, an increase of 116.4% compared to HKD 6,030 million in the same period of 2022[4]. - The group reported a loss of HKD 1,400 million for the six months ended June 30, 2023, significantly reduced from a loss of HKD 4,580 million in the same period of 2022[4]. - Adjusted EBITDA surged by 1,804.6%, reaching HKD 3,202.6 million compared to HKD 168.2 million in the same period last year[27]. - The loss attributable to the company's owners decreased by 69.1%, from HKD 2,374.6 million to HKD 733.2 million[28]. - The basic loss per share improved from HKD 1.58 to HKD 0.49, reflecting a 69.1% reduction in losses[29]. - Total operating revenue for the company's gaming operations rose by 118.6%, from HKD 4,904.9 million to HKD 10,723.3 million[26]. - The total comprehensive loss for the six months ended June 30, 2023, was HKD 1,556,816, down from HKD 5,186,383 in the same period of 2022, reflecting a 70.0% reduction[64]. - The total loss before tax for the six months ended June 30, 2023, was HKD 1,414,071, compared to a loss of HKD 4,555,942 in 2022, showing an improvement of 69.0%[63]. Operational Developments - The second phase of Studio City and the indoor water park opened in April 2023, contributing to the recovery of the group's operations[4]. - The City of Dreams Mediterranean in Cyprus officially opened in July 2023 after a successful trial operation in June 2023[3]. - The flagship integrated resort, City of Dreams, has approximately 430 gaming tables and 637 gaming machines as of the first half of 2023[6]. - The new hotel, Starry Suites, featuring 338 luxurious suites, was launched in April 2023, showcasing the group's commitment to providing exceptional service[7]. - The "Exclusive Series Concert" featuring numerous superstars commenced in April 2023, with a total of 90 performances planned over three years[8]. - The group plans to open the Macau Studio City W Hotel in September 2023, adding approximately 560 rooms and several new non-gaming attractions[14]. - The group continues to operate three satellite casinos in Cyprus, contributing to the expansion of its business in the region[12]. Visitor Trends - In the first half of 2023, the number of visitors to Macau increased by 236.1% year-on-year to 11.65 million, with an average of over 64,000 daily visitors, reaching 59.6% of pre-pandemic levels[14]. - Macau's total gaming revenue increased by 205% year-on-year in the first half of 2023, with the group's direct VIP room business surpassing the performance of the same period in 2019[3]. Sustainability Initiatives - The group aims to replace single-use plastic bottles with reusable glass bottles across all operations, having already reduced over 1.4 million single-use plastic bottles in Macau and Manila[22]. - The group has committed to sourcing only cage-free eggs by 2025, with 100% of eggs supplied at City of Dreams Manila already being cage-free since March 2022[22]. - The group received the "Best Environmental Responsibility Award" at the Asia Excellence Awards 2023, highlighting its commitment to environmental sustainability[22]. Awards and Recognition - The group achieved 97 stars in the Forbes Travel Guide 2023, maintaining its leading position among integrated resort operators in Macau and Asia[18]. - The group’s properties received a total of 17 five-star honors in the Forbes Travel Guide, with the Macau property, Studio City, winning five-star recognition for 14 consecutive years[18]. - The group’s restaurants earned seven stars in the Hong Kong Macau Michelin Guide 2023, making it one of the operators with the most Michelin stars in Macau[19]. - The City of Dreams Mediterranean project in Europe won the "Best Hotel Architecture in Cyprus" and "Best New Hotel Construction and Design in Cyprus" at the 2023 European Real Estate Awards[19]. Employee and Talent Development - The total number of employees as of June 30, 2023, was 19,676, up from 17,270 in 2022, representing an increase of 13.9%[58]. - The group’s "Career Advancement Program" was awarded the ATD Excellence in Practice Award 2023, reflecting its commitment to talent development[20]. - The group’s "Reach! New Macau Sports Elite Training Program" encourages employees to adopt healthier lifestyles through sports and physical activities[20]. Financial Position and Debt Management - The total assets decreased by 3.2% from HKD 97,091.6 million to HKD 93,946.1 million[24]. - The total liabilities also decreased by 2.2%, from HKD 83,705.6 million to HKD 81,840.6 million[24]. - The capital debt ratio improved to 71.2% as of June 30, 2023, compared to 74.4% at the end of 2022[51]. - The group has available undrawn borrowing capacity of HKD 4.84 billion as of June 30, 2023, significantly up from HKD 0.56 billion at the end of 2022[48]. - The group repaid principal amounts of HKD 5.31 billion and USD 1.12 billion during the reporting period[49]. Corporate Governance - The company has established a corporate governance code to ensure high transparency and accountability to shareholders[182]. - The audit committee consists of one non-executive director and two independent non-executive directors, responsible for reviewing financial reports and risk management[185]. - The company has complied with its corporate governance code throughout the six months ending June 30, 2023, except for certain deviations[182]. Future Outlook - The company provided an optimistic outlook for the second half of 2023, projecting a revenue growth of 20% to 30%[188]. - New product launches are expected to contribute an additional HKD 1 billion in revenue by the end of 2023[188]. - The company is expanding its market presence in Southeast Asia, targeting a 10% market share by 2025[188].

Financial Performance - For the six months ended June 30, 2023, net revenue was HKD 13.04 billion, an increase of HKD 7.01 billion or 116.4% compared to HKD 6.03 billion for the same period in 2022[3]. - Adjusted EBITDA for the six months ended June 30, 2023, was HKD 3.20 billion, compared to HKD 168.2 million for the same period in 2022[3]. - The after-tax loss for the six months ended June 30, 2023, was HKD 1.40 billion, a significant improvement from an after-tax loss of HKD 4.58 billion for the same period in 2022[3]. - Basic loss per share attributable to owners of the company for the six months ended June 30, 2023, was HKD 0.49, compared to HKD 1.58 for the same period in 2022[3]. - The company reported a loss attributable to owners of HKD 4,197,202,000 for the period[8]. - The group reported a pre-tax loss of HKD 733,248,000 for the six months ended June 30, 2023, compared to a loss of HKD 2,374,583,000 for the same period in 2022, indicating a significant improvement[32]. - The company reported a net loss of HKD 1,402,622,000 for the six months ended June 30, 2023, compared to a net loss of HKD 4,579,376,000 for the same period in 2022, showing a reduction in losses[21][22]. Assets and Liabilities - Non-current assets as of June 30, 2023, totaled HKD 79.88 billion, slightly up from HKD 79.79 billion as of December 31, 2022[7]. - Current assets as of June 30, 2023, amounted to HKD 14.07 billion, down from HKD 17.30 billion as of December 31, 2022[7]. - As of June 30, 2023, the total current liabilities amounted to HKD 8,310,183,000, an increase of 14.2% from HKD 7,276,784,000 as of December 31, 2022[8]. - The net current assets decreased to HKD 5,755,960,000 from HKD 10,027,168,000, reflecting a decline of 42.6%[8]. - Non-current liabilities totaled HKD 73,530,401,000, down 3.7% from HKD 76,428,769,000[8]. - The company's equity decreased to HKD 12,105,562,000 from HKD 13,386,065,000, representing a decline of 9.5%[8]. - The total assets as of June 30, 2023, amounted to HKD 93,946,146,000, while total liabilities were HKD 81,840,584,000, reflecting a stable financial position[23]. Revenue Sources - The revenue from external customers in Macau for the six months ended June 30, 2023, was HKD 10,619,906,000, up from HKD 4,147,205,000 in the same period of 2022, marking an increase of approximately 156.5%[25]. - Customer contract revenue for the six months ended June 30, 2023, reached HKD 12,844,373,000, compared to HKD 5,843,392,000 for the same period in 2022, indicating a growth of approximately 119.5%[28]. - Casino revenue surged by 118.6% to HKD 10,723.3 million, up from HKD 4,904.9 million in the prior year[78]. - Non-gaming revenue for the six months ended June 30, 2023, totaled USD 127.2 million, compared to USD 62.1 million in the same period of 2022, indicating a strong recovery in this segment[83]. Operational Developments - The first phase of the City of Dreams Mediterranean opened on June 12, 2023, with full public access starting July 10, 2023[11]. - The second phase of the Studio City development is expected to open in September 2023[11]. - The company opened the Starry Sky and indoor water park in April 2023, contributing to improved operational performance[77]. - The group launched the second phase of Studio City and the first concert series featuring Asian superstars, enhancing market share growth[58]. - The group is upgrading facilities at Studio City, with the return of the show "The House of Dancing Water" expected in 2024[61]. Corporate Governance and Strategy - The board of directors recommended not to declare an interim dividend for the six months ended June 30, 2023[3]. - The company has established various board committees to maintain high corporate governance standards, including an Executive Committee and an Audit Committee[109]. - The company has not engaged in any purchases, sales, or redemptions of its listed securities during the six months ended June 30, 2023[112]. - The company has not conducted any foreign exchange hedging transactions for operational cash flows during the review period[102]. Market and Economic Conditions - The impact of the COVID-19 pandemic and geopolitical tensions continues to create uncertainty for future operational performance[11]. - Macau's tourism saw a significant recovery, with visitor numbers increasing by 236.1% year-on-year to 11.65 million in the first half of 2023, reaching an average of over 64,000 daily visitors[67]. - The Philippines' tourism industry is also recovering strongly, with over 3.2 million inbound travelers recorded in the first seven months of 2023[67]. Sustainability and Social Responsibility - The company aims to eliminate 14.8 million plastic bottles annually by fully implementing the NORDAQ filtration system across all properties in Macau[74]. - The company has committed to sourcing 100% cage-free eggs by 2025, with current operations in Manila already achieving this goal[75]. - The company received the "Best Environmental Responsibility Award" at the Asia Excellence Awards 2023, highlighting its commitment to sustainability[75]. Employee and Workforce - The total number of employees as of June 30, 2023, was 19,676, an increase from 17,270 as of June 30, 2022[105]. - Employee costs for the six months ended June 30, 2023, were HKD 2,991,700,000, compared to HKD 2,606,700,000 for the same period in 2022[105].

Financial Performance - Net revenue decreased by 32.4% to HKD 10.57 billion, compared to HKD 15.64 billion for the year ended December 31, 2021[11]. - Adjusted EBITDA was negative HKD 362 million, down from HKD 1.54 billion for the year ended December 31, 2021[11]. - Net loss after tax was HKD 9.99 billion, compared to a net loss of HKD 7.94 billion for the year ended December 31, 2021[11]. - The group's net revenue for the year ended December 31, 2022, was HKD 10.57 billion, a decrease of 32.4% compared to HKD 15.64 billion in the same period of 2021[27]. - The group reported a loss of HKD 9.99 billion for the year, compared to a loss of HKD 7.94 billion in 2021[27]. - The loss attributable to shareholders increased by 34.2% to HKD 5,110 million in 2022 from HKD 3,810 million in 2021[54]. - Casino revenue fell by 35.3% to HKD 8,426 million in 2022, down from HKD 13,030 million in 2021[52]. - Hotel room revenue decreased by 25.5% to HKD 912.7 million in 2022 compared to HKD 1,224.6 million in 2021[52]. - Total operating revenue for Melco Resorts and Entertainment was $559.7 million for the year ended December 31, 2022, down from $1,146.9 million in 2021, representing a decrease of 51.1%[58]. - Adjusted property EBITDA for Melco Resorts was negative $32.2 million in 2022, compared to positive $202 million in 2021[58]. Operational Developments - The gaming revenue in the Philippines has rebounded to near pre-pandemic levels, while Cyprus's gaming revenue exceeded pre-pandemic levels in Q4 2022[12]. - The opening of the second phase of Studio City and City of Dreams Mediterranean in Cyprus is expected in 2023, aiming to meet pent-up travel demand[12]. - The company reported a significant increase in visitor numbers to Macau since the easing of social distancing measures on January 8, 2023, indicating a positive outlook for the region[24]. - The company anticipates strong performance during the upcoming Spring Festival, with both foot traffic and revenue maintaining substantial levels[24]. - The first phase of the new Studio City Phase 2 is set to open in Q2 2023, featuring a new hotel and an all-weather water park, aimed at attracting more visitors[24]. - The company is optimistic about its Cyprus operations, which have shown improved profitability as pandemic restrictions are lifted, with the City of Dreams Mediterranean set to open in Q2 2023[24]. - The group’s gaming operations in the Philippines have fully reopened since March 1, 2022, with gaming volumes recovering towards pre-pandemic levels[26]. - The total operating revenue for City of Dreams Manila increased to $396.4 million in 2022, up from $268.6 million in 2021, marking a growth of 47.5%[66]. - Cyprus operations generated total revenue of $91.3 million in 2022, an increase from $52.6 million in 2021, representing a growth of 73.5%[68]. Sustainability and Corporate Social Responsibility - The company is committed to sustainable development and has received recognition for its efforts in corporate social responsibility and sustainability initiatives[13]. - The total greenhouse gas emissions increased to 17,688 MtCO2e in 2022 from 15,387 MtCO2e in 2021[16]. - Total energy consumption rose to 390,278 MWh in 2022, up from 383,628 MWh in 2021[17]. - Charitable contributions exceeded HKD 63.88 million in 2022, with over 22,000 volunteer hours logged[14]. - The company aims for carbon neutrality and zero waste at its resorts by 2030[48]. - The company is committed to supporting sustainable and diversified development in Macau's tourism and leisure industry, backed by a new ten-year gaming license[36]. - The company has implemented various community support initiatives, including volunteer activities and charitable donations, to address the needs of vulnerable community members[158]. Corporate Governance - The company has maintained a high level of corporate governance, focusing on responsible decision-making and improving transparency to shareholders[93]. - The board includes experienced independent non-executive directors with backgrounds in law, finance, and media, enhancing the company's governance structure[89][90]. - The company emphasizes risk management and aims to enhance overall performance through improved governance practices[93]. - The audit committee and remuneration committee are composed of independent directors, ensuring unbiased oversight of financial reporting and executive compensation[88][89]. - The company has established a governance policy for environmental, social, and governance (ESG) matters to ensure sustainable operations and compliance with listing rules[138]. - The company has established its own corporate governance code to ensure high transparency and accountability to shareholders[94]. - The board of directors regularly reviews and updates the governance guidelines, policies, and procedures in accordance with applicable laws and market practices[95]. Employee Engagement and Development - The company emphasizes the importance of talent and aims to create a supportive work environment, promoting diversity and equal opportunities across all areas[81]. - The company is committed to providing employee training to enhance skills necessary for business development, aligning training goals with desired outcomes[83]. - The company has established a strong learning and development culture to support the holistic development of its employees, offering competitive compensation and wellness programs[156]. - The company expanded its mental health program "Feel Better" and launched the "Reach! Elite Sports Talent Development Program" to promote employee well-being[152]. - The company’s training completion rate for occupational safety and health measures reached 99.5% in 2022, indicating significant progress in enhancing employee safety awareness[41]. Market Position and Competitive Advantage - The company has established a competitive advantage in the high-end mass market segment, which is expected to drive overall market recovery in Macau[25]. - The company has successfully positioned itself as a leader in the entertainment and leisure industry, with a focus on innovative products and services[20]. - The company is focused on expanding its market presence and enhancing its operational capabilities through strategic initiatives and potential acquisitions[79]. Shareholder Communication and Rights - The company has a framework for effective communication with shareholders, ensuring their rights are upheld[145]. - The company held its 2022 Annual General Meeting in a hybrid format, allowing shareholders to participate both in-person and online, addressing public health concerns during the COVID-19 pandemic[147]. - Shareholders holding at least 5% of total voting rights can request a special meeting, and those with at least 2.5% can propose resolutions at the annual general meeting[143]. Awards and Recognition - The company received the "Corporate Social Responsibility Award" at the 2022 Asia Global Gaming Awards for its community contributions[7]. - Melco International received multiple awards for outstanding corporate governance, including being named "Best Investor Relations Company" for the 11th time by Asia Corporate Governance Magazine in 2022[40]. - The company was awarded the "Best Responsible Gaming Program" at the 2023 Asia Gaming Awards, further validating its efforts in promoting responsible gaming culture[46]. - Melco International achieved 97 Forbes stars in 2023, including 17 five-star awards, showcasing its commitment to high-quality service[47].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈之內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公佈全部或任何 部份內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 新濠國際發展有限公 司 （於香港註冊成立之有限公司） 網址：www.melco-group.com （股份代號：200） 截至二零二二年十二月三十一日止年度之全年業績 新濠國際發展有限公司（「本公司」或「新濠國際」）之董事會（「董事會」）謹此宣佈 下文載列之本公司及其附屬公司（統稱「本集團」）截至二零二二年十二月三十一日 止年度之經審核綜合全年業績。 | --- | --- | |-------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

目錄 | 管理層討論及分析 | 2 | | --- | --- | | 中期財務資料審閱報告 | 29 | | 簡明綜合損益及其他全面收益表 | 31 | | 簡明綜合財務狀況表 | 33 | | 簡明綜合權益變動報表 | 35 | | 簡明綜合現金流量表 | 37 | | 簡明綜合中期財務資料附註 | 39 | | 其他資料 | 67 | | 公司資料 | 89 | 管理層討論及分析 本集團一直致力為澳門創造領先全球的酒店及娛樂體驗，推動澳門的嶄新及優質旅 遊業發展。 重要事件及發展 澳門以外，新濠天地（馬尼拉）在菲律賓的博彩營運因呂宋島全島（包括馬尼拉大都會） 於二零二零年三月起實施嚴格社區隔離措施而暫時停業。在塞浦路斯，為全面配合 塞浦路斯政府就遏止2019冠狀病毒病蔓延所採取的措施，塞浦路斯娛樂城亦已由二 零二零年三月起暫停所有博彩營運。 為應對2019冠狀病毒病疫情帶來的挑戰，本集團已迅速啟動一系列緩解措施，包括 實施成本削減計劃，以盡量減少非必要項目造成的現金流出，並通過押後和削減資 本開支，調整本集團的資本開支，從而增強資產負債表狀況。於二零二零年五月，本 公司宣佈暫停本公司股息政策下的半年度股 ...