HK Stock Market Move | Sands China (01928) plunges over 8%, full-year adjusted property EBITDA in 2025 slightly decreased compared to the previous year

Sands China (01928) plunged over 8%, as of press time, falling by 8.23% to HKD 17.29, with a turnover of HKD 2.65 billion. On the news front, Sands China announced this morning that the net profit for the fourth quarter of 2025 increased by 16.4% to USD 2.05 billion from the fourth quarter of 2024; net income was USD 213 million, compared to USD 237 million in the fourth quarter of 2024. In addition, the adjusted property EBITDA for the fourth quarter of 2025 was USD 608 million, compared to USD 571 million in the fourth quarter of 2024; the adjusted property EBITDA for the full year of 2025 was USD 2.31 billion, compared to USD 2.33 billion in the full year of 2024, a slight decrease of 0.858% year-on-year.