Daiwa: Sands China (01928) second quarter profit margin is weak, but performance in London continues to improve, maintaining a "buy" rating.

According to the Caixin Finance app, Morgan Stanley released a research report stating that Sands China (01928) had an estimated EBITDA of 2.02 billion USD in the first half of 2025, which is 12% lower than market consensus expectations for the year. The bank maintained a "buy" rating on Sands China and a target price of 17.5 Hong Kong dollars.