{"id":28388,"date":"2022-03-24T10:38:20","date_gmt":"2022-03-24T13:38:20","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=28388"},"modified":"2026-04-23T10:13:15","modified_gmt":"2026-04-23T13:13:15","slug":"macau-legend-shares-fall-after-announcement-of-results-delay","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-legend-shares-fall-after-announcement-of-results-delay","title":{"rendered":"Macau Legend shares fall after announcement of results delay"},"content":{"rendered":"\n

Macau Legend’s stock price fell more than 10 per cent after the company announced a delay in the release of its annual results, which could lead its stocks to be be suspended in Hong Kong.<\/p>\n\n\n\n\n\n\n\n

Macau.- Shares in\u00a0Macau Legend<\/a>\u00a0fell more than 10 per cent in Hong Kong after the company warned that trading was likely to be suspended from April 1 due to a delay in the release of its audited annual results for 2021. <\/p>\n\n\n\n

The company said it had been unable to finalise its results for the timetable set by the Hong Kong stock exchange due to Covid-19 restrictions. It said it would finalise its results as soon as possible.<\/p>\n\n\n\n

For the first half of the year 2021<\/a>, the company reported revenue of HK$527.4m,\u00a0a 44.9 per cent rise from 2020<\/strong> and a net loss of HK$688.6m (US$88.5m)<\/strong>.\u00a0It <\/strong>reported\u00a0gaming revenue of around HK$42.1m<\/strong>, up 46.7 per cent year-on-year, mainly from Landmark Casino, which posted a HK$123.3m increase in gaming revenue.<\/p>\n","protected":false},"excerpt":{"rendered":"

Macau Legend’s stock price fell more than 10 per cent after the company announced a delay in the release of its annual results, which could lead its stocks to be be suspended in Hong Kong.<\/p>\n","protected":false},"author":176,"featured_media":9972,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Macau Legend's stock price declined over 10% following an announcement of delayed 2021 annual results, potentially leading to a trading suspension on the Hong Kong stock exchange from April 1. The company attributed the delay to COVID-19 restrictions impacting finalization. This follows a reported H1 2021 net loss of HK$688.6m, despite a 44.9% revenue increase and a 46.7% rise in gaming revenue, primarily from Landmark Casino.","focusai_entities":"Macau Legend, Landmark Casino, Hong Kong stock exchange","focusai_location":"Macau, Hong Kong","focusai_target_profile":"ceo_executive (0.9), regulator (0.95), compliance_legal (0.9), operator_casino (0.75), investor_analyst (1.0), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Regulatory Penalties?","query":"What specific regulatory penalties or delisting risks does Macau Legend face from the Hong Kong Stock Exchange beyond a temporary trading suspension, given the breach of listing rules?"},{"label":"Financing & Debt Impact?","query":"How will the delayed audit and potential trading suspension impact Macau Legend's ability to secure future capital, manage existing debt covenants, and maintain operational liquidity?"}],"footnotes":""},"categories":[157,16338],"tags":[23906,22593],"class_list":["post-28388","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-macau-casinos","tag-macau-legend"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/28388","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=28388"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/28388\/revisions"}],"predecessor-version":[{"id":28391,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/28388\/revisions\/28391"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/9972"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=28388"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=28388"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=28388"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}