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Wynn Macau Ltd’s adjusted property earnings before interest, taxation, depreciation and amortisation (EBITDA) were back on positive ground in the fourth quarter of 2020, the Macau casino firm reported on Thursday. The Macau unit – controlled by United States-based operator Wynn Resorts Ltd – saw its adjusted property EBITDA reach US$39.4 million in the fourth quarter, after a loss on adjusted property EBITDA amounting to US$112.1 million, for the three months ended September 30, 2020. Wynn Macau Ltd reported in a filing to the Hong Kong bourse, a US$144.9-million fourth-quarter loss, compared to a US$182.0-million profit in the fourth-quarter 2019. The final-quarter 2020 net loss narrowed sharply from the nearly US$280.7-million net loss in the third quarter of that year.

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