Corporate Bits | HK rock band Mr. returns to the Venetian Macao

Hong Kong rockers Mr. energized the audience at the Cotai Arena Saturday night, marking the band’s return to Macau with its performance of Mr. On The Road Live Concert at The Venetian.
The band formed by Alan Po (vocals), Desmond Tam (bass), Quincy Tam (guitar), Ronny Lay (guitar) and Tom To (drums) kicked off the concert with “Yesterday” pumping up the crowd, with audience members in turn cheering and singing along. Mr.’s setlist included hit tunes like “Everyone“, “If I am Eason Chan” and “Love & Peace”, entertaining the audience of fans.
Born out of Hong Kong’s underground indie scene, Mr. released its first record in 2008, and has since spawned a number of hit singles. The five rockers went to Taiwan last June to experience the local music culture and to record their first Mandarin album, “100 Reasons To Fly,” whose songs reflect the transformation undergone by the group during their stay in Taiwan.

sands china ltd. announces 2014 interim results

Sands China Ltd. announced on Friday record financial results for the first half of 2014, compared to the first half of 2013. The company points to the success of leveraging its integrated resort business model at its Cotai Strip development to create a gaming, leisure and convention destination. The 2014 mid-year financial results demonstrate the success of these strategies, and the Company is confident of continued future success.
Adjusted EBITDA for the first half of 2014 increased 35.7 per cent to USD1,737.4 million (HKD13,467.1 m), up US$457.3 million (HK$3,535.8 million) compared to US$1,280.1 million (HK$9,931.3 million) for the same period in 2013. This record performance was driven by revenue increases in all of the business segments, along with various other factors including improvement in operational efficiencies at all properties.
Net revenues grew 24.7 per cent to US$5,075.3 million (HK$39,340.2 million), an increase of US$1,005.0 million (HK$7,762.0 million) compared to US$4,070.3 million (HK$31,578.2 million) in the first half of 2013. Increases were seen in all segments, mainly driven by market growth as well as increase in visitation numbers.
Profit for the period went up 45.7 per cent to US$1,370.4 million (HK$10,622.4 million), an increase of US$429.9 million (HK$3,325.8 million) compared to US$940.5 million (HK$7,296.6 million) in the first half of 2013.