SJM posts HK$1 billion Q3 loss, but sees green shoots of recovery

SJM Holdings reported a loss attributable to shareholders of HK$1.03 billion (US$132.8 million) in Q3, compared with a profit of HK$738 million a year earlier, but said it has seen signs of a pick up towards the end of the quarter.

The operator said it now expects to open its Grand Lisboa Palace on Cotai in the first quarter of next year.

SJM posts HK$1.0b Q3 loss, but sees green shoots of recovery (Company filing)