SJM Holdings drops most in two months on quarterly loss; Macau gaming peers fall

Sands China

08/05/2026 03:14

** Shares of SJM Holdings 0880.HK slip 3.3% to HK$2.03, leading a slide among Macau gaming stocks

** Stock posts its biggest intraday pct drop since March 9

** SJM reported a net loss of HK$62 million ($7.92 million) for the three-month period March 31, versus a profit of HK$31 million a year earlier

** Net gaming revenue down at HK$5.36 billion, a drop from HK$6.95 billion in Q1 2025

** Shares of rivals also drop, with Galaxy Entertainment 0027.HK down 1%, Melco International 0200.HK down 0.7% and   Wynn Macau 1128.HK slipping 0.7%

** MGM China 2282.HK and Sands China 1928.HK down 0.5% and 0.6%, respectively

** YTD, SJM down 15.8%, Galaxy down 14.2%, MGM China down 13.5%, Sands China 1928.HK down 16.9%, Melco International down 5.1% and Wynn Macau down 2.7%, while benchmark Hang Seng Index .HSI has climbed 2.7%

($1 = 7.8295 Hong Kong dollars)

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))