Summary by Moomoo AI
SUN VISION INTERNATIONAL DEVELOPMENT LIMITED ANNOUNCED ITS ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023 WITH A NET REVENUE OF HK$295.3 BILLION, AN INCREASE OF 179.5% OVER THE PREVIOUS YEAR. Growth was driven by the early easing of pandemic restrictions in Macau and the opening of the second phase of City of Dreams Mediterranean and Cinema of Dreams. Adjusted EBITDA was HK$75.1 billion, down from HK$3.62 billion last year. The annual loss decreased to HK$34.9 billion, compared to HK$99.9 billion last year. Basic loss per share was HK$1.16 and HK$3.40 in the same period last year. The Board of Directors recommends that no final dividend be distributed.