Melco Crown Entertainment (MPEL) Declares $0.02 Quarterly Dividend; 0.6% Yield
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Melco Crown Entertainment Announces Unaudited Second Quarter 2016 Earnings and Declares Quarterly Dividend
August 4, 2016 8:12 AM EDTMACAU, Aug. 04, 2016 (GLOBE NEWSWIRE) -- Melco Crown Entertainment Limited (Nasdaq: MPEL) (Melco Crown Entertainment or the Company or we), a developer, owner and operator of casino gaming and entertainment casino resort facilities in Asia, today reported its unaudited financial results for the second quarter of 2016.
Net revenue for the second quarter of 2016 was US$1,070.4 million, representing an increase of approximately 17% from US$916.8 million for the comparable period in 2015. The increase in net revenue was primarily attributable to the net revenue generated by Studio City, which... More
