11:45 AM EST - Melco China Resorts (Holding) Ltd. : reported first-quarter net loss of $11.63 million or $0.13 per share. The company said that the loss was primarily due to a $4.9 million one-time charge related to transaction and closing costs for new debt facilities secured during the reporting period and lost revenue from the Sun Mountain Yabuli resort caused by delays in opening for the winter ski season. Excluding the impact of the one-time charge, the company posted net loss of $6.7 million, or $0.08 per share. The company recorded revenues of $3.25 million for the quarter. Melco China Resorts (Holding) Ltd.
shares V.MCG are trading even at $0.07.
