{"id":32983,"date":"2022-08-26T03:31:25","date_gmt":"2022-08-26T06:31:25","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=32983"},"modified":"2026-04-23T05:29:54","modified_gmt":"2026-04-23T08:29:54","slug":"melcos-roadshows-generated-us544516-in-revenue-for-local-smes-in-h1","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/melcos-roadshows-generated-us544516-in-revenue-for-local-smes-in-h1","title":{"rendered":"Melco’s roadshows generated US$544,516 in revenue for Local SMEs in H1"},"content":{"rendered":"\n

The company carried out more than 90 roadshows from January to June.<\/p>\n\n\n\n\n\n\n\n

Macau.- More than 100 small and medium-sized enterprises (SMEs) benefited from the “Heart of House” roadshow series organised by Melco Resorts & Entertainment in the first half of the year. According to Melco, the roadshows generated over MOP4.4m (US$544,516) in revenue for Local SMEs.<\/p>\n\n\n\n

The company carried out more than 90 roadshows from January to June, allowing SMEs to grow their businesses by selling directly to the approximately 16,000 employees who work in properties such as City of Dreams,\u00a0Studio City<\/a>\u00a0and Altira Macau. <\/p>\n\n\n\n

Roadshows during Easter, Golden Week and the Dragon Boat Festival sold food and beverages, body and skincare, clothing and accessories, and electronics-related baby products.<\/p>\n\n\n\n

Melco<\/a>\u00a0has recently announced that its net loss rose 35.4 per cent year-on-year to US$251.5m.\u00a0The group\u2019s operating revenue for the second quarter was US$296.1m, a drop of 47.7 per cent from US$566.4m reported in the second quarter of 2021. When compared to the\u00a0first quarter<\/a>\u00a0of 2022, the figure slipped 37.7 per cent.<\/p>\n\n\n\n

The group\u2019s adjusted property earnings before interest, taxation, depreciation and amortisation (EBITDA) was negative US$13.8m, versus a positive US$79.1m in the prior-year quarter. <\/p>\n\n\n\n

According to Singapore-based\u00a0Lucror Analytics<\/strong>,\u00a0Melco Resorts & Entertainment<\/a>\u00a0has the best liquidity runway among its peers in Macau as it has a 14 months liquidity runway. Writing on the Smartkarma platform,\u00a0Leonard Law<\/strong>, a senior credit analyst, said: \u201cWe estimate that this would be sufficient to support 22 months of cash burn \u2013 until April 2024 \u2013 under the worst-case scenario of zero revenues.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

The company carried out more than 90 roadshows from January to June.<\/p>\n","protected":false},"author":176,"featured_media":25856,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Melco Resorts & Entertainment's \"Heart of House\" roadshow series generated MOP4.4m for over 100 Macau SMEs in H1, showcasing local economic integration. This initiative unfolds against a backdrop of significant financial challenges, including a Q2 net loss of US$251.5m and a 47.7% year-on-year revenue decline. Despite these operational headwinds, an analysis by Lucror Analytics highlights Melco's robust 14-month liquidity runway, projecting solvency for 22 months under a worst-case zero-revenue scenario.","focusai_entities":"Melco Resorts & Entertainment, Lucror Analytics, Leonard Law","focusai_location":"Macau, Singapore","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Operational Adjustments","query":"What specific operational adjustments is Melco implementing to mitigate further financial erosion beyond its current liquidity runway?"},{"label":"Liquidity Comparison","query":"How does Melco's current liquidity position compare to its direct competitors in the Macau integrated resort market, and what are the implications for sector-wide capital expenditure and debt refinancing?"}],"footnotes":""},"categories":[157,16338],"tags":[23970],"class_list":["post-32983","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-melco-resorts-entertainment"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/32983","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=32983"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/32983\/revisions"}],"predecessor-version":[{"id":33004,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/32983\/revisions\/33004"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/25856"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=32983"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=32983"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=32983"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}