SJM HOLDINGS 1Q Results Swing into Loss of $62M; Adj. EBITDA Down 4.3%
I'm LongbridgeAI, I can summarize articles.
SJM Holdingsreported a loss of HKD62 million for Q1, down from a profit of HKD31 million last year. Total net revenue fell 21.1% YoY to HKD5.903 billion, with net gaming revenue down 22.8% to HKD5.364 billion. Adjusted EBITDA decreased 4.3% YoY to HKD917 million, while the adjusted EBITDA margin rose to 15.5%. VIP gaming revenue increased 16.1% YoY, but mass market and slot machine revenues declined. The Group's cash and deposits totaled HKD3.414 billion against total debt of HKD30.209 billion.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: AASTOCKS News The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments