Macau casino operator SJM Holdings said in an unaudited highlight filed with the Hong Kong Stock Exchange on Thursday that its adjusted net income (EBITDA) before interest, taxation, depreciation and amortization (EBITDA) was HK$864 million (US$110.5 million) in the first quarter of 2024, compared with HK$31 million a year earlier.

A separate press release said the company had "exceptional" performance in the first three months of the year and "recorded impressive gains in many respects."

SJM Holdings said its adjusted EBITDA margin for the first quarter of 2024 was 12.5%, up 11.7 percentage points from a year ago, and above the margin recorded in the first quarter of 2019. 홀짜게임

The company reported an improvement in its loss of HK$869 million in the first quarter of 2024, due to a loss of HK$74 million to shareholders.

The group totaled HK$6.92 billion in net sales in the January-March period, up 73.0% from a year earlier and about 80% of its Q1 2019 level.

SJM Holdings posted gross gaming sales (GGR) of HK$6.89 billion in the first quarter of 2024, up 77.3% year-over-year, up about 9.0% quarter-over-quarter.

The group's own PR casino's first-quarter non-rolling GGR "reached 134% in the first quarter of 2019," the company said.

During the reporting period, rolling GGR was HK$645 million, up 220.9% year-over-year. In the first quarter of 2024, non-rolling GGR was HK$5.71 billion, up 71.9% year-over-year, and e-game sales were HK$535 million, up 47.0% year-over-year.