Sands China declares higher interim dividend despite higher casino costs impacted 1H26 profit

Sands China declared an interim dividend of HK$0.50 per share for the first half of 2026, a significant increase from the previous year, despite reporting a 3.6% decrease in profit to HK$398 million. The profit decline occurred despite an 11.1% rise in net revenues, primarily due to increased casino expenses, including sales and marketing costs and payroll, driven by Macau's competitive environment. The company noted higher patron incentives and ongoing renovations at The Venetian Macao, with parent company Las Vegas Sands Corp also reporting a decline in Sands China's Q2 2026 revenues.