sands china ltd (SCHYF) Key Developments
Sands China Ltd. Announces Audited Consolidated Earnings Results for the Year Ended December 31, 2014
Mar 26 15
Sands China Ltd. announced audited consolidated earnings results for the year ended December 31, 2014. For the year, the company announced net revenues of USD 9,505,230,000 compared to USD 8,907,859,000 for the same period a year ago. Operating profit was USD 2,624,182,000 compared to USD 2,290,120,000 for the same period a year ago. Profit before income tax was USD 2,556,202,000 compared to USD 2,216,786,000 for the same period a year ago. Profit for the year attributable to equity holders of the company was USD 2,547,704,000 compared to USD 2,214,882,000 for the same period a year ago. Earnings per share for profit attributable to equity holders of the company, diluted were 31.56 cents compared to 27.46 cents for the same period a year ago. Net cash generated from operating activities was USD 3,223,849,000 compared to USD 3,078,706,000 for the same period a year ago. Purchases of property and equipment were USD 720,261,000 compared to USD 580,340,000 for the same period a year ago. Purchases of intangible assets were USD 6,228,000 compared to USD 8,902,000 for the same period a year ago. Adjusted EBITDA (unaudited) was USD 3,261,048,000 compared to USD 2,900,454,000 for the same period a year ago.
Sands China Ltd. Recommends Final Dividend for the Year Ended December 31, 2014, Payable on July 15, 2015
Mar 13 15
The board of directors of Sands China Ltd. has recommended the payment of a final dividend of HKD 1.00 per share for the year ended December 31, 2014 to shareholders of the Company whose names appear on the register of members of the Company on June 24, 2015. The proposed final dividend is subject to the approval of the shareholders at the forthcoming Annual General Meeting which is scheduled for June 17, 2015 and, if approved by the shareholders, the proposed final dividend is expected to be paid on July 15, 2015.
Sands China Ltd. Announces Executive Changes
Mar 13 15
Sands China Ltd. announced that following the retirement of Mr. David Alec Andrew Fleming on April 1, 2015, Mr. Dylan James Williams will be appointed as the company secretary and authorized representative of the company, in each case, with effect from April 1, 2015. Mr. Dylan James Williams, aged 39, has been Associate General Counsel and Deputy Company Secretary since July 1, 2014.
Sands China Ltd., Board Meeting, Mar 13, 2015
Mar 3 15
Sands China Ltd., Board Meeting, Mar 13, 2015. Agenda: To consider the recommendation of the payment of a final dividend for the year ended December 31, 2014; and to transact any other business.
Sands China Ltd. Announces Consolidated Earnings Results for the Full Year Ended December 31, 2014
Feb 13 15
Sands China Ltd. announced consolidated earnings results for the full year ended December 31, 2014. For the quarter, the company reported operating profit of $2,624,182,000 against $2,290,120,000 a year ago. Profit before income tax was $2,556,202,000 against $2,216,786,000 a year ago. Diluted earnings per share were 31.56 cents against 27.46 cents a year ago. Capital expenditures were $936,870,000 against $609,925,000 a year ago. Net revenues increased in all segments, mainly driven by an increase in visitation resulting from efforts in marketing and management's focus on driving the high-margin mass market gaming segment, while continuing to provide luxury amenities and high service levels to VIP and premium players. Net cash generated from operating activities was $3,223.8 million against $3,078.7 million a year ago.