SEHK:1128Hospitality
Wynn Macau (SEHK:1128) Margin Compression To 5.6% Challenges Bullish Earnings Narratives
Wynn Macau (SEHK:1128) has released its FY 2025 first half results, reporting revenue of HK$13.6b and basic EPS of HK$0.044. This marks a notable change from the HK$14.7b revenue and HK$0.305 EPS reported in 1H 2024, as well as the HK$14.0b revenue and HK$0.308 EPS recorded in 2H 2024. Trailing 12 month figures show revenue of HK$29.0b with basic EPS of HK$0.31. These numbers frame a results season in which investors are likely to focus on how thinner net margins are affecting the quality of...