Hong Kong-listed casino operator SJM Holdings on Monday forecast a bigger loss for fiscal 2022, hurt by COVID travel restrictions imposed in gambling hub Macau and a significant impairment charge.SJM expects to post an attributable loss of HK$7.80 billion ($993.72 million) for the year ended Dec. 31, comp
Hong Kong-listed casino operator SJM Holdings on Monday forecast a bigger loss for fiscal 2022, hurt by COVID travel restrictions imposed in gambling hub Macau and a significant impairment charge.
It flagged a HK$1.21 billion charge to reflect the cost of refurbishments made to the Jai Alai building - a tourism complex in Macau - over several years.
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