SJM Holdings says Q3 profit rises 10.3 percent as mass market gains

SJM Holdings Ltd said third-quarter net profit rose 10.3 percent to HK$1.83 billion ($236.08 million) versus HK$1.66 billion a year earlier. Gaming revenue increased by 11.4 percent from Q3 2012 to HK$21.05 billion. The group had a 24.3 percent share of Macau’s casino gaming market in the period, down slightly from 26.1 percent in the same quarter last year. VIP gaming revenue was HK$13.57 billion, an increase of 8.8 percent, while mass market gaming revenue was HK$7.14 billion, an increase of 18.2 percent.