24 July 2025 | 9:39AM HKT Sands China (1928.HK) Buy 2Q25 results inline. GGR recovery led by mass not VIP. Signs of base mass returning. Buy | | | Sands China's 2Q25 results were in line with our expectation with headline EBITDA of US$566mn (vs. Bloomberg consensus estimate US$555-580mn). Adjusting VIP win rate back to 3.3% theoretical (vs. 3.56% reported), EBITDA would have come in at US$559mn, +3% qoq, implying a slight -0.3pts margin slippage to 31.3% (vs. 31.6% in 1Q25) on 4% qoq revenue growth mostly a ...

Shares of Tredegar Corporation (TG) have gained 3.8% since the company reported its earnings for the quarter ended March 31, 2025. This compares to the S&P 500 index’s 4.5% growth over the same time frame. Over the past month, the stock has gained 15.8% compared with the S&P 500’s 8.8% growth.Tredegar reported first-quarter 2025 net income from continuing operations of 2 cents per share, down from 8 cents per share in the first quarter of 2024. On an adjusted basis, net income from ongoing operations fell t ...