Core Viewpoint - Macau Legend Development Limited (01680) reported a significant decline in total revenue for the six months ending June 30, 2025, with an approximate decrease of 12% compared to the same period in 2024, primarily due to reduced revenue from gaming operations [1] Financial Performance - The company anticipates a loss of approximately HKD 1.421 billion for the reporting period, a substantial increase from a loss of about HKD 110 million in the same period last year [1] - The major increase in loss is 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 the service agreement with Melco Resorts & Entertainment Limited, which expires on December 31, 2025 [1] - 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, mainly due to a decrease of about HKD 30 million in adjusted EBITDA from gaming operations [1]
澳门励骏发盈警 预计中期呈报收益总额同比减少约12%