---
title: "\"Performance\" MELCO INT'L DEV's interim net profit is 351 million, turning losses into profits"
description: "MELCO INT'L DEV announced its interim results for 2023, with net revenue of HKD 19.965 billion, a year-on-year increase of 12.4%. The company achieved a net profit of HKD 351 million, successfully tur"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/255350268.md"
published_at: "2025-08-31T10:06:50.000Z"
---

# "Performance" MELCO INT'L DEV's interim net profit is 351 million, turning losses into profits

> MELCO INT'L DEV announced its interim results for 2023, with net revenue of HKD 19.965 billion, a year-on-year increase of 12.4%. The company achieved a net profit of HKD 351 million, successfully turning around from a loss of HKD 253 million in the same period last year, with earnings per share of HKD 0.18. In the first half of the year, benefiting from improved operations of the entertainment and hotel sectors, adjusted EBITDA grew by 19.5% to HKD 5.366 billion, with entertainment revenue of HKD 16.537 billion, an increase of 13.9%. No dividend was declared

MELCO INT'L DEV (00200.HK) announced its interim results for the six months ending in June, with net revenue of HKD 19.965 billion, an increase of 12.4% year-on-year, mainly due to improved performance in both gaming and non-gaming operations. It recorded a net profit of HKD 3.51 billion, compared to a loss of HKD 2.53 billion in the same period last year, turning from loss to profit; earnings per share were HKD 0.18. No dividend was declared.

In the first half of the year, benefiting from improved operations of the casino and hotel, adjusted EBITDA grew by 19.5% to HKD 5.366 billion. During the period, casino revenue was HKD 16.537 billion, an increase of 13.9%

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.