Corporate bits | Sands China announces festive menus

Restaurants at the Sands Resorts Cotai Strip Macao and Sands Macao will be offering an array of menus to celebrate the upcoming Mid-Autumn Festival.
Canton at The Venetian Macao offers two menu options, available between September 16 and October 7, while North, a signature Chinese restaurant at the resort, will launch a special à la carte menu between September 28 and October 11 to commemorate the Golden Week holidays.
Dynasty 8 at Conrad Macao, home of classic and authentic high-end Chinese cuisine, will be presenting a special “Dynasty 8 Mid-Autumn Festival Gift Hamper” from September 9 to 18. The hamper includes delicacies from the sea such as dried abalone, dry sea conch and flower mushrooms amongst others.
The 888 Buffet at Sands Macao, on offer between September 14 to 17, will also add special delicacies to its menu this coming festival.

Shun Tak records revenue decline

Shun Tak Holdings Limited posted revenue of approximately HKD1,868 million over the first six months of 2016, showing a 12.2 percent year-on-year decline.
Excluding the unrealized fair value changes on investment properties, the profit attributable to shareholders demonstrated a 12.3 percent decline at HKD239 million for the first half of 2016, the company revealed in a statement.
The property division of the group experienced a significant year-on-year decline in revenue as the combined impact of a time lag in revenue recognition from property sales and the revaluation of investment properties contributed to a weakened profit of HKD55 million.
The hospitality division registered a HKD44 million profit, representing a 11 percent year-on-year decline while the investment division posted a profit of HKD167 million, on par with the performance of the same period last year.
According to the managing director of the group, Pansy Ho, the company’s transportation division has “maintained resilient despite a downturn in visitor arrivals.”
“The first six months of 2016 has been a trying period. Undercurrents in the macro environment and volatility in the global market has significantly impeded a wide spectrum of our economy,” said Ho in a statement.