Core Viewpoint - Macau Legend Development Limited (01680.HK) reported a significant decrease in revenue for the six months ending June 30, 2025, primarily due to a decline in gaming-related operations [1] Financial Performance - The total reported revenue for the period is expected to decrease by approximately 12% compared to the same period in 2024 [1] - The company anticipates a loss of about HKD 1.421 billion for the reporting period, a substantial increase from a loss of approximately HKD 110 million in the same period last year [1] - The increase in loss is largely attributed to a significant impairment loss of approximately HKD 1.288 billion related to the value of the Macau Fisherman's Wharf, due to the non-renewal of a service agreement with Melco Resorts & Entertainment Limited after December 31, 2025 [1] Operational Insights - Excluding the impact of the impairment loss and related deferred tax effects, the expected loss for the reporting period is projected to increase by approximately HKD 23 million (around 21%) compared to the previous year [1] - The adjusted EBITDA from gaming-related operations is expected to decrease by approximately HKD 30 million [1]
澳门励骏(01680.HK)盈警：预计中期将录得亏损约14.21亿港元