Marina Bay Sands operating profits up for Q2 2013

MBS reported a higher operating profit in its latest quarterly results with profits hitting US$355.3 million ($450.6 million), up 5.9 per cent from the same period in 2012. -- MY FILE PHOTO: ONG WEE JIN
MBS reported a higher operating profit in its latest quarterly results with profits hitting US$355.3 million ($450.6 million), up 5.9 per cent from the same period in 2012. -- MY FILE PHOTO: ONG WEE JIN

Marina Bay Sands (MBS) reported a higher operating profit in its latest quarterly results with profits hitting US$355.3 million ($450.6 million), up 5.9 per cent from the same period in 2012.

High rollers put in more money, with rolling volume increasing by nearly 25 per cent quarter-on-quarter, reported the integrated resort's parent company Las Vegas Sands on Thursday.

The hotel also continued to do well, raking in revenue of 8 per cent.

Room rates and revenue per available room went up 8 per cent and 8.3 per cent respectively, while occupancy was 99.4 per cent.