SJM Holdings (00880.HK) announced on August 27th that the total net income of the group for the six months ended June 30, 2024 was HK$13.801 billion, a year-on-year increase of 47.4%; the net income from gambling was HK$12.897 billion, a year-on-year increase of 48.3%; the adjusted EBITDA was HK$1.734 billion, a year-on-year increase of 275.9%; the company's attributable loss was HK$0.162 billion, compared to an attributable loss of HK$1.264 billion in the same period last year; the basic loss per share was 2.3 HK cents.
SJM Holdings' subsidiary, Aomen Entertainment Integrated Resort Co., Ltd. (" Aomen Entertainment "), had a net gambling income of HK$12.897 billion in the first half of 2024, compared to HK$8.695 billion in the first half of 2023. In the first half of 2024, the gross revenue of Grand Lisboa was HK$2.956 billion, including HK$2.325 billion from gambling and HK$0.631 billion from non-gambling, while in the first half of 2023, the gross revenue from gambling was HK$1.034 billion and the non-gambling revenue was HK$0.396 billion. The adjusted property EBITDA of Grand Lisboa was HK$0.192 billion in the first half of 2024, compared to -HK$0.292 billion in the first half of 2023.
In the first half of 2024, the gross revenue of New Lisboa was HK$3.8 billion, including HK$3.66 billion from gambling and HK$0.14 billion from non-gambling, compared to HK$2.266 billion from gambling and HK$0.137 billion from non-gambling in the first half of 2023. The adjusted property EBITDA of New Lisboa was HK$1.01 billion in the first half of 2024, compared to HK$0.473 billion in the first half of 2023. The occupancy rate of Grand Lisboa Integrated Resort increased by 10.9% to 94.8% compared to the first half of 2023. During the period, the average daily room rate decreased by 15.1% to HK$1,155. The occupancy rate of New Lisboa Hotel increased by 10.7% to 98.5% compared to the first half of 2023. During the period, the average daily room rate increased by 19.5% to HK$1,226.