Core Viewpoint - The announcement from SJM Holdings indicates a positive growth trajectory in operational revenue for the fourth quarter of 2025, driven by improvements in overall betting amounts and table game wagers [1] Group 1: Financial Performance - SJM Holdings reported total operational revenue of $1.29 billion for the fourth quarter of 2025, representing an approximate 9% increase compared to $1.19 billion in the same period of 2024 [1] - The net income attributable to SJM Holdings for the fourth quarter of 2025 was $60.6 million, or $0.16 per American Depositary Share, a significant recovery from a net loss of $20.3 million, or a loss of $0.05 per share in the fourth quarter of 2024 [1] Group 2: Non-controlling Interests - The non-controlling interests reported net losses of $14.3 million and $19.6 million for the fourth quarters of 2025 and 2024, respectively, primarily related to losses from Studio City and City of Dreams Mediterranean, among others [1]

Core Viewpoint - The announcement from Melco International Development indicates a positive growth trajectory for Melco Resorts, with a significant increase in operational revenue and a turnaround in net income for Q4 2025 compared to the same period in 2024 [1] Group 1: Financial Performance - Melco Resorts reported total operational revenue of $1.29 billion for Q4 2025, representing an approximate 9% increase from $1.19 billion in Q4 2024 [1] - The net income attributable to Melco Resorts for Q4 2025 was $60.6 million, or $0.16 per American Depositary Share, compared to a net loss of $20.3 million, or a loss of $0.05 per American Depositary Share in Q4 2024 [1] - Non-controlling interests reported net losses of $14.3 million and $19.6 million for Q4 2025 and Q4 2024, respectively, primarily related to losses from Studio City and City of Dreams Mediterranean [1]

Core Viewpoint - New Macau International Development reported significant financial improvements for the fourth quarter and the full year ending December 31, 2025, with notable increases in total operating revenue and net income compared to the previous year [1][2]. Group 1: Quarterly Performance - For Q4 2025, total operating revenue reached $1,290,000,000, a 9% increase from $1,190,000,000 in Q4 2024, driven by improved overall betting amounts [1]. - The operating income for Q4 2025 was $146,400,000, compared to $97,000,000 in Q4 2024 [1]. - The net income attributable to New Macau International Development for Q4 2025 was $60,600,000, or $0.16 per American Depositary Share, a turnaround from a net loss of $20,300,000, or -$0.05 per share in Q4 2024 [1]. Group 2: Annual Performance - For the year ending December 31, 2025, total operating revenue was $5,160,000,000, up from $4,640,000,000 in 2024, attributed to improved performance across all gaming and non-gaming segments [2]. - The operating income for 2025 was $600,400,000, compared to $484,600,000 in 2024 [2]. - Adjusted property EBITDA for 2025 was $1,430,000,000, an increase from $1,220,000,000 in 2024 [2]. - The net income attributable to New Macau International Development for 2025 was $185,000,000, or $0.46 per American Depositary Share, compared to $43,500,000, or $0.10 per share in 2024 [2].

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。 上市附屬公司 ─ 新濠博亞娛樂有限公司 公佈截至二零二五年十二月三十一日止第四季度及全年之 未經審核財務業績 本公佈並非新濠國際發展有限公司（「本公司」，連同其附屬公司統稱「本集團」）之財 務業績公佈。本公司根據香港聯合交易所有限公司證券上市規則（「上市規則」）第13.09(2) 條及香港法例第571章證券及期貨條例第XIVA部之內幕消息條文之規定發表本公佈，以向 本公司股東提供有關本公司一間上市附屬公司（新濠博亞娛樂有限公司）之財務業績的資 料。新濠博亞娛樂有限公司（「新濠博亞娛樂」）於二零二六年二月十二日發佈其截至二 零二五年十二月三十一日止第四季度及全年之未經審核財務業績。 新濠博亞娛樂於二零二六年二月十二日發佈其截至二零二五年十二月三十一日止第四季 度及全年之未經審核財務業績（「新濠博亞娛樂之盈利公佈」）。新濠博亞娛樂為本公司 之上市附屬公司，其美國預託股份（「美國預託股份」）於美國納斯達克全球精 ...

Group 1 - The core point of the article highlights that southbound funds reduced their holdings in Melco International Development (00200.HK) by 1,000 shares on February 11 [1] - Over the past five trading days, there were three days of net increases in southbound fund holdings, totaling 2.5755 million shares [1] - In the last twenty trading days, there were eleven days of net increases in southbound fund holdings, amounting to 4.9155 million shares [1] Group 2 - As of now, southbound funds hold 14.8 million shares of Melco International Development, representing 6.49% of the company's total issued ordinary shares [1] - Melco International Development Limited primarily engages in entertainment and hotel businesses through two segments: the entertainment and hotel segment, and the investment segment [1] - The entertainment and hotel segment operates integrated resort businesses, including gaming, accommodation, dining, entertainment performances, shopping, and conference exhibitions [1]

Core Viewpoint - Southbound funds have increased their holdings in Melco International Development (00200.HK) by 828,000 shares on February 9, indicating a positive trend in investor interest [1] Group 1: Shareholding Activity - Over the past five trading days, southbound funds have increased their holdings for four days, with a total net increase of 2.54 million shares [1] - In the last twenty trading days, there have been eleven days of net increases, totaling 1.3585 million shares [1] - As of now, southbound funds hold 148 million shares of Melco International Development, representing 6.49% of the company's issued ordinary shares [1] Group 2: Company Overview - Melco International Development Limited is primarily engaged in the investment holding of entertainment and hotel businesses [1] - The company operates through two segments: the entertainment and hotel segment, which includes casino operations and hotel services, and the other segment, which focuses on investment activities [1]

Group 1 - The gaming stocks experienced a collective rise in the morning session, with notable increases in share prices [1][3] - New World Development (00200) saw a significant increase of 6.15%, reaching HKD 4.83 [1][3] - MGM China (02282) rose by 2.89%, trading at HKD 13.52 [1][3] - Sands China (01928) increased by 2.71%, with a price of HKD 18.58 [1][3] - Galaxy Entertainment (00027) gained 2.20%, priced at HKD 43.60 [1][3]

Group 1 - The gaming stocks continued to rise, with New World Development (00200.HK) increasing by 5.93% to HKD 4.82 [1] - Sands China (01928.HK) saw a rise of 3.54%, reaching HKD 18.73 [1] - Galaxy Entertainment (00027.HK) increased by 2.58%, trading at HKD 43.76 [1] - MGM China (02282.HK) rose by 2.13%, with a price of HKD 13.42 [1]

Group 1 - Hong Kong gaming stocks experienced a collective surge, with New Macau International Development rising over 6% [1] - Sands China increased by 4%, while Galaxy Entertainment and Wynn Macau both saw a rise of 2.5% [1] - A notable increase was observed in the stocks of Australian Gaming Holdings and MGM China, which both surged by 25% [1]

Core Viewpoint - The Macau gaming stocks experienced a collective rise, with significant increases in share prices, driven by positive forecasts for the upcoming Lunar New Year holiday gaming revenue [1] Group 1: Stock Performance - Melco International Development saw a rise of over 6% [2] - Sands China increased by 4% [2] - Galaxy Entertainment and Wynn Macau both rose by 2.5% [2] - SJM Holdings and MGM China both experienced a 2% increase [2] Group 2: Market Insights - Morgan Stanley's research report indicated that the average daily gaming revenue in Macau during the first five days of last year's Golden Week was approximately 1.1 billion MOP [1] - The hotel occupancy rate during this year's Lunar New Year is expected to be similar to last year, with average daily room rates (ADR) up by about 25% [1] - The forecast for gaming revenue during this year's Lunar New Year holiday is expected to match or exceed last year's Golden Week figures [1] - The firm anticipates a 13% year-on-year growth in total gaming revenue for February [1] - EBITDA for the industry is projected to grow by 16% year-on-year in the first quarter of this year, leading to upward revisions in profit forecasts [1] Group 3: Hotel Industry Outlook - Macau hotel operators report a continuous increase in hotel booking rates and travel agency orders for the Spring Festival period [1] - Hotel occupancy rates during the Spring Festival are expected to exceed 90%, indicating a peak in Macau's tourism market [1]