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SJM Holdings revenue, profit and market share all fall in 2016

SJM Holdings revenue, profit and market share all fall in 2016

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Macau casino operator SJM Holdings  had a 2016 to forget, with revenue, profit and market share all in full retreat. Figures released Tuesday show SJM’s gaming revenue falling 14.5% to HKD 41.3b ($5.3b) in 2016, while earnings were off 11.5% to HKD 3.4b and profit slipped 5.6% to HKD 2.3b. SJM’s share of the overall Macau market’s gaming revenue dipped from 21.7% in 2015 to 19.1% last year.

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