SJM Holdings (00880) announced its financial results for the first quarter of 2026. The company's net gaming revenue declined to HK$5.364 billion, compared to HK$6.949 billion in the first quarter of 2025. Adjusted EBITDA was HK$917 million, down from HK$958 million in the same period last year. The adjusted EBITDA margin was 15.5%, an increase from 12.8% in the first quarter of 2025. For the first quarter of 2026, the loss attributable to the company's owners was HK$62 million, a reversal from a profit in the prior year period.
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