Melco International Development Limited (HKEX: 200) announced its interim results for the six months ended 30 June 2026. Driven by improved performance across its overall gaming operations, the Group reported net revenues of HK$20.50 billion, representing a 2.7% year-on-year increase compared to HK$19.96 billion in the same period of 2025. Adjusted EBITDA for the period stood at HK$5.06 billion, compared to HK$5.37 billion for the corresponding period of 2025. Profit attributable to owners of the Company was HK$309.5 million, compared to HK$350.8 million recorded in the corresponding period of 2025. The Board does not recommend the payment of an interim dividend for the six months ended 30 June 2026.
Mr. Lawrence Ho, Group Chairman and Chief Executive Officer of Melco International, noted that following a solid start to the year in Macau, operating performance moderated in the second quarter due to near-term headwinds. Amid shifting market conditions, the Group maintained a disciplined approach to operations and capital allocation, focusing on margin management, operational efficiency, and targeted investments to enhance the overall guest experience.
In Macau, the Group continues to execute experience-led initiatives to capitalize on the city’s tourism momentum. At City of Dreams, the phased opening of REM has commenced in the third quarter of 2026. Combined with a new gaming area near the southwest entrance and a transformed retail precinct, these developments are expected to further broaden the resort’s appeal to high-value customer segments. Meanwhile, Studio City continues to diversify Macau’s tourism offering with family-friendly attractions including the “Studio City Stardust” 4D entertainment experience, alongside a vibrant lineup of major international sporting events and top-tier concerts.
Beyond Macau, the Group’s international portfolio demonstrated strong resilience. City of Dreams Manila achieved year-on-year growth despite macroeconomic pressures and intense competition in the gaming sector. In Cyprus, City of Dreams Mediterranean and its satellite casinos recorded improved performance as regional travel disruptions eased, supported by prudent cost controls and targeted marketing. Furthermore, City of Dreams Sri Lanka continued to gain traction following its first full year of operations, solidifying its position as a premier destination in South Asia and validating the Group’s global expansion strategy.
Looking ahead, Mr. Ho emphasized that while market competition remains intense, meaningful growth opportunities persist across the Group’s operating regions. Melco International remains committed to disciplined execution, strategic investment, and operational excellence to further strengthen its market positioning and drive long-term value creation.
