Sands China Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	7,443	7,080	6,534	1,605	2,874
Revenue Growth (YoY)	5.13%	8.36%	307.10%	-44.15%	70.36%
Cost of Revenue	1,536	1,400	1,298	1,118	1,147
Gross Profit	5,907	5,680	5,236	487	1,727
Selling, General & Admin	153	114	130	26	43
Other Operating Expenses	3,663	3,426	3,047	876	1,442
Operating Expenses	4,608	4,294	3,986	1,652	2,218
Operating Income	1,299	1,386	1,250	-1,165	-491
Interest Expense	-346	-407	-523	-435	-360
Interest & Investment Income	36	67	48	19	2
Currency Exchange Gain (Loss)	-21	12	-13	4	-38
Other Non Operating Income (Expenses)	-20	-17	-9	-9	-13
EBT Excluding Unusual Items	948	1,041	753	-1,586	-900
Gain (Loss) on Sale of Assets	-47	-32	-12	-2	-8
Other Unusual Items	-	1	-	-	-137
Pretax Income	901	1,010	741	-1,588	-1,045
Income Tax Expense	5	-35	49	-6	3
Net Income	896	1,045	692	-1,582	-1,048
Net Income to Common	896	1,045	692	-1,582	-1,048
Net Income Growth	-14.26%	51.01%	-	-	-
Shares Outstanding (Basic)	8,093	8,093	8,093	8,093	8,093
Shares Outstanding (Diluted)	8,093	8,093	8,093	8,093	8,093
Shares Change (YoY)	-	-0.00%	0.00%	0.01%	0.04%
EPS (Basic)	0.11	0.13	0.09	-0.20	-0.13
EPS (Diluted)	0.11	0.13	0.09	-0.20	-0.13
EPS Growth	-14.25%	50.99%	-	-	-
Free Cash Flow	1,552	1,233	2,092	-676	-476
Free Cash Flow Per Share	0.19	0.15	0.26	-0.08	-0.06
Dividend Per Share	0.096	0.032	-	-	-
Dividend Growth	200.00%	-	-	-	-
Gross Margin	79.36%	80.23%	80.14%	30.34%	60.09%
Operating Margin	17.45%	19.58%	19.13%	-72.59%	-17.08%
Profit Margin	12.04%	14.76%	10.59%	-98.57%	-36.46%
Free Cash Flow Margin	20.85%	17.41%	32.02%	-42.12%	-16.56%
EBITDA	2,091	2,110	2,025	-453	201
EBITDA Margin	28.09%	29.80%	30.99%	-28.22%	6.99%
D&A For EBITDA	792	724	775	712	692
EBIT	1,299	1,386	1,250	-1,165	-491
EBIT Margin	17.45%	19.58%	19.13%	-72.59%	-17.08%
Effective Tax Rate	0.56%	-	6.61%	-	-
Advertising Expenses	-	-	-	24	42

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.