SJM HOLDINGS: 2025 THIRD QUARTER AND YEAR-TO-DATE SELECTED UNAUDITED KEY PERFORMANCE INDICATORS

SJM Holdings announced its financial results for the third quarter of 2025, with net gaming revenue amounting to HKD 6.537 billion, representing a 6.5% decrease from HKD 6.995 billion in the same period last year. Adjusted EBITDA stood at HKD 881 million, marking a 15% year-on-year decline; profit attributable to owners of the company plummeted by 91.1% to HKD 9 million. The adjusted EBITDA margin was 12.5%, down 1.3 percentage points from 13.8% in the same period last year.In terms of key properties, the Grand Lisboa Palace Integrated Resort generated total revenue of HKD 1.909 billion in the third quarter, reflecting a 7.4% year-on-year increase, including gross gaming revenue of HKD 1.580 billion and non-gaming revenue of HKD 329 million. The Lisboa Macau reported total revenue of HKD 2.002 billion...Show More

SJM Holdings announced its financial results for the third quarter of 2025, with net gaming revenue amounting to HKD 6.537 billion, representing a 6.5% decrease from HKD 6.995 billion in the same period last year. Adjusted EBITDA stood at HKD 881 million, marking a 15% year-on-year decline; profit attributable to owners of the company plummeted by 91.1% to HKD 9 million. The adjusted EBITDA margin was 12.5%, down 1.3 percentage points from 13.8% in the same period last year.In terms of key properties, the Grand Lisboa Palace Integrated Resort generated total revenue of HKD 1.909 billion in the third quarter, reflecting a 7.4% year-on-year increase, including gross gaming revenue of HKD 1.580 billion and non-gaming revenue of HKD 329 million. The Lisboa Macau reported total revenue of HKD 2.002 billion for the third quarter, showing a slight 0.7% year-on-year decrease, with gross gaming revenue reaching HKD 1.908 billion and non-gaming revenue at HKD 94 million.As of September 30, 2025, the group held cash, bank balances, and deposits totaling HKD 3.448 billion, with debt amounting to HKD 27.312 billion. The group secured a syndicated loan facility comprising a HKD 9 billion term loan and a HKD 10 billion revolving credit line, with HKD 2.7 billion remaining undrawn.