SJM falls to US$50 million third-quarter loss as market headwinds and property renovations take their toll

Macau’s SJM Holdings – the parent company of concession holder SJM Resorts, S.A. – reported a HK$397 million (US$50.6 million) loss for the three months to 30 September 2026, falling back into the red after booking a slight HK$9 million (US$1.1 million) profit during the same quarter last year. The 3Q26 loss was also significantly wider than losses of HK$62 million (US$7.9 million) and HK$233 million (US$29.7 million) recorded in the first and second quarters of 2026 respectively.