SJM Holdings’ first-half loss widens 62% despite EBITDA growth as satellite casino exits weigh
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SJM Holdings’ loss attributable to owners widened 61.7% year-on-year to HK$295 million (US$37.8 million) in the first half of 2026. The Macau casino operator nevertheless increased adjusted EBITDA by 3.3% to HK$1.70 billion (US$218 million), while its adjusted EBITDA margin rose 3.5 percentage poin…
SJM Holdings’ loss attributable to owners widened 61.7% year-on-year to HK$295 million (US$37.8 million) in the first half of 2026. The Macau casino operator nevertheless increased adjusted EBITDA by 3.3% to HK$1.70 billion (US$218 million), while its adjusted EBITDA margin rose 3.5 percentage points to 14.7%. The improved operating performance came against a significant decline in revenue. Group...