Sands China Ltd. announced earnings results for the fourth quarter and full year of 2014. For the quarter, on GAAP basis, the company reported total net revenues decreased 16.2% to $2.12 billion compared to $2.53 billion in the fourth quarter of 2013. Adjusted property EBITDA decreased 14.7% to $713.2 million compared to $836.4 million in the fourth quarter of 2013. Net income decreased 18.3% to $535.3 million, compared to $655.6 million in the fourth quarter of 2013.

For the year, on GAAP basis, the company total net revenues increased 6.8% to $9.57 billion, compared to $8.96 billion in 2013. Adjusted property EBITDA increased 12.4% to $3.26 billion compared to $2.90 billion in 2013. Net income increased 15.4% to $2.55 billion compared to $2.21 billion in 2013.