Macau Legend Projects Significant FY24 Loss Due to Cape Verde Impairment and Tax Provisions

Macau Legend Development Ltd, the operator behind Macau’s Legend Palace and the Macau Fisherman’s Wharf precinct, has issued a profit warning, projecting a loss of up to HK$640 million (US$80 million) for the fiscal year ending 31 December 2024. This marks a stark increase from the HK$4.9 million (US$612,500) loss reported in the previous year. […]

brbr
Mar 25, 2025 - 09:20
Macau Legend Projects Significant FY24 Loss Due to Cape Verde Impairment and Tax Provisions

Macau Legend Development Ltd, the operator behind Macau’s Legend Palace and the Macau Fisherman’s Wharf precinct, has issued a profit warning, projecting a loss of up to HK$640 million (US$80 million) for the fiscal year ending 31 December 2024. This marks a stark increase from the HK$4.9 million (US$612,500) loss reported in the previous year. […]