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The latest announcement is out from SJM Holdings ( (HK:0880) ).
SJM Holdings Limited reported a 6.1% increase in total group net revenue for the first half of 2025, reaching HK$14,639 million, driven by a rise in net gaming revenue. Despite this growth, the company experienced a decline in adjusted EBITDA by 5.1% and reported a loss attributable to owners of HK$182 million. The Grand Lisboa Palace Resort and Grand Lisboa both saw increases in occupancy rates and average daily room rates, although their adjusted property EBITDA decreased compared to the previous year. The company maintained a substantial cash reserve but also carried significant debt, with a portion of its banking facilities remaining undrawn.
The most recent analyst rating on (HK:0880) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on SJM Holdings stock, see the HK:0880 Stock Forecast page.
More about SJM Holdings
SJM Holdings Limited operates in the gaming and hospitality industry, primarily focusing on casino and resort operations in Macau. The company offers a range of gaming services and amenities, catering to both mass market and VIP segments, with a significant presence in Macau’s gaming market.
Average Trading Volume: 25,115,838
Technical Sentiment Signal: Hold
Current Market Cap: HK$24.57B
See more insights into 0880 stock on TipRanks’ Stock Analysis page.