Macau Legend profit slides 4.8 pct to HK$509.9 mln

Gaming services company Macau Legend Development Ltd’s annual net profit fell by 4.8 percent last year to HK$509.9 million (US$65.75 million). The company told the Hong Kong Stock Exchange that the fall in profit was due in part to listing costs and because the full-year financial results of Macau Fisherman’s Wharf International Investment Ltd and its subsidiaries were included. Annual revenue at Macau Legend rose by 17.5 percent to HK$1.76 billion last year. Gaming revenue grew by 15 percent to HK$1.28 billion.