January 26, 2015 10:26 PM ET

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Company Overview of MCE Finance Limited

Company Overview

MCE Finance Ltd. is based in Cayman Islands. MCE Finance Ltd. operates as a subsidiary of Melco Crown Entertainment Ltd.

36th Floor

The Centrium

60 Wyndham Street

Central,  

Hong Kong

11,042 Employees

Phone:

852 2598 3600

Key Executives for MCE Finance Limited

Chief Financial Officer
Age: 45
Director
Age: 37
Company Secretary
Age: 52
Compensation as of Fiscal Year 2014.

MCE Finance Limited Key Developments

MCE Finance Limited Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

MCE Finance Limited reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported net revenues of USD 1,129.26 million compared to USD 1,255.68 million a year ago. Operating income was USD 195.67 million compared to USD 227.59 million a year ago. Income before income tax was USD 178.46 million compared to USD 210.93 million a year ago. Net income was USD 177.74 million compared to net income of USD 211.21 million a year ago. Net cash provided by operating activities was USD 270.07 million compared to USD 356.16 million a year ago. Payment for acquisition of property and equipment was USD 89.11 million compared to USD 21.30 million a year ago. For the nine months, the company reported net revenues of USD 3,709.69 million compared to USD 3,708.76 million a year ago. Operating income was USD 668.70 million compared to USD 654.57 million a year ago. Income before income tax was USD 618.52 million compared to USD 534.02 million a year ago. Net income was USD 616.65 million compared to net income of USD 534.18 million a year ago. Net cash provided by operating activities was USD 853.86 million compared to USD 946.01 million a year ago. Payment for acquisition of property and equipment was USD 177.66 million compared to USD 67.43 million a year ago.

MCE Finance Limited Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

MCE Finance Limited reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported net revenues of USD 1,204,241,000 compared to net revenues of USD 1,299,026,000 for the same period a year ago. Operating income was USD 201,668,000 compared to USD 239,428,000 last year. Income before income tax was USD 186,969,000 compared to USD 219,890,000 last year. Net income was USD 186,321,000 compared to USD 219,572,000 last year. Net cash provided by operating activities was USD 308,356,000 compared to USD 369,250,000 last year. Payment for acquisition of property and equipment was USD 51,710,000 compared to USD 17,589,000 last year. Advance payments and deposits for acquisition of property and equipment was USD 16,384,000 compared to USD 588,000 last year. For the six months, the company reported net revenues of USD 2,580,434,000 compared to net revenues of USD 2,453,077,000 for the same period a year ago. Operating income was USD 473,028,000 compared to USD 426,973,000 last year. Income before income tax was USD 440,064,000 compared to USD 323,092,000 last year. Net income was USD 438,912,000 compared to USD 322,969,000 last year. Net cash provided by operating activities was USD 583,785,000 compared to USD 589,844,000 last year. Payment for acquisition of property and equipment was USD 88,546,000 compared to USD 46,131,000 last year. Advance payments and deposits for acquisition of property and equipment was USD 17,829,000 compared to USD 2,311,000 last year.

MCE Finance Limited Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2014

MCE Finance Limited announced unaudited consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, the company announced net revenues of $1,376,193,000 compared to $1,154,051,000 for the same period a year ago. Operating income was $271,360,000 compared to $187,545,000 for the same period a year ago. Income before income tax was $253,095,000 compared to $103,202,000 for the same period a year ago. Net income was $252,591,000 compared to $103,397,000 for the same period a year ago. Net cash provided by operating activities was $275,429,000 compared to $220,594,000 for the same period a year ago. Payment for acquisition of property and equipment was $36,836,000 compared to $28,542,000 for the same period a year ago.

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