SJM Swings to Q3 Profit

MT Newswires Live

2024/11/12

SJM Holdings (HKG:0880) recorded an attributable profit of HK$101 million for the three months ended Sept. 30, compared with an attributable loss of HK$410 million in the year-ago period, a Tuesday bourse filing said.

The casino and hotel operator's net revenue for the three months rose by 28% to HK$7.5 billion from HK$5.87 billion in the third quarter of 2023.

Shares of the company closed nearly 4% lower on Tuesday.

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