Agence France-PresseFebruary 27, 2013 09:16
Casino operator SJM Holdings, owned by Hong Kong tycoon Stanley Ho, said Wednesday its annual net profit increased 27.1 percent last year thanks to its leading share in the Macau gaming market.
SJM, in a filing to the Hong Kong stock exchange, said its net profit rose to a record HK$6.75 billion ($870.1 million) for calendar 2012 compared to HK$5.31 billion the previous year.
Revenue rose by 4.5 percent to HK$78.88 billion from HK$75.51 billion in 2011, while its earnings before interest, taxes, depreciation and amortisation (EBITDA) grew 10.1 percent to HK$7.631 billion.
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