Goldman Sachs: Sands China (01928.HK) second quarter performance meets expectations, maintains "buy" rating.

According to the Wise Finance APP, Goldman Sachs released a research report stating that management of Sands China (01928.HK) revealed that recent concert events continue to attract high-end customers, in addition to a recovery in basic mid-market customer sources from Guangdong province making round trips daily. Visitor volume in April and May increased by 40% and 43% year-on-year, respectively. The group's goal is to increase annualized EBITDA from the second quarter's $2.2 billion to $2.3 billion to $2.6 billion to $2.7 billion, and plans to gradually increase dividends. Goldman Sachs revised Sands' 2025 to 2027 EBITDA forecast from down 2% to up 1%, with the target price slightly lowered from the original HK$21.7 to HK$21.5, while maintaining a "buy" rating.