Início » SJM swings to HK$31 million profit in Q1

SJM swings to HK$31 million profit in Q1

SJM Holdings has reported a return to profitability for the first quarter from a loss of HK$74 million (US$9.54 million/MOP76 million) a year earlier, the gaming operator announced on Tuesday.

In terms of net revenue, SJM made HK$7.48 billion, up 8.1 per cent from the first quarter of 2024. The company also reported a year-on-year growth of 9.6 per cent in gross gaming revenue to HK$7.55 billon – about 72.5 per cent of the 2019 level.

An increase of 16.4 per cent in revenue from accommodation, catering, retail and leasing was observed, with the 2025 Q1 result at HK$531 million. SJM’s adjusted EBITDA rose by almost 11 per cent to HK$958 million, about 89 per cent of the 2019 level.

Read more in Macau News Agency

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