Core Viewpoint - Goldman Sachs reports that Sands China declared an interim dividend of HKD 0.25 per share, consistent with last year's final dividend, but the payout ratio has increased to 63%. This move aligns with expectations despite being slightly lower compared to other companies, as Sands faces pressure from fluctuating market share in gaming revenue and needs to enhance promotional activities [1] Group 1 - Sands China's management has set a short-term goal to increase gaming volume, aiming for EBITDA to reach USD 2.6 billion to USD 2.7 billion [1] - Goldman Sachs anticipates that this target will be achieved by 2026 [1] - Goldman Sachs has slightly adjusted Sands China's target price from HKD 21.5 to HKD 21.6 while maintaining a "Buy" rating [1]
高盛：微升金沙中国目标价至21.6港元