Reuters logo
Macau casino firm SJM Q1 net profit up 12 pct
May 6, 2013 / 9:25 AM / 4 years ago

Macau casino firm SJM Q1 net profit up 12 pct

HONG KONG, May 6 (Reuters) - Macau casino operator SJM Holdings Ltd, controlled by the family of gambling tycoon Stanley Ho, posted a 12 percent year-on-year increase in first-quarter net profit, buoyed by strong interest from cash-rich Chinese gamblers.

SJM on Monday reported net profit of HK$1.9 billion ($240 million) for the first three months of 2013, compared with HK$1.7 billion a year earlier.

Macau, a former Portuguese colony, is the only place in China where citizens can legally gamble in casinos.

For the full earnings statement made to the Hong Kong stock exchange, click:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below