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MELCO INT'L DEV (00200.HK) Subsidiary Melco Resorts & Entertainment Limited (MLCO.US) 1Q Adjusted EBITDA Up 11.7% to USD381 million
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MELCO INT'L DEV (00200.HK) announced that its subsidiary Melco Resorts & Entertainment Limited (MLCO.US) reported first-quarter results with total operating revenues of USD1.37 billion, up 11% YoY, mainly driven by improved performance in the mass market segment. Net income reached USD76.8 million, representing an increase of 136.3%. During the quarter, adjusted property EBITDA amounted to USD381 million, up 11.7% YoY. (de/d)

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