SJM Holdings Reports Revenue Surge Amid Losses
Company Announcements

SJM Holdings Reports Revenue Surge Amid Losses

SJM Holdings (HK:0880) has released an update.

SJM Holdings Limited reported a significant increase in revenue and adjusted EBITDA for the first half of 2024, with total net revenue jumping 47.4% and adjusted EBITDA soaring by 275.9% compared to the same period last year. However, the company still faced a loss, albeit a reduced one, from HK$1,264 million to HK$162 million. No interim dividend was declared, reflecting a cautious stance amidst the financial turnaround.

For further insights into HK:0880 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks HongKong Auto-Generated NewsdeskSJM Holdings to Reveal Q3 2024 Performance Indicators
Ryan AdistIs SJMHF a Buy, Before Earnings?
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App