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SJM HOLDINGS 3Q Swings to Loss; Adj. EBITDA Falls 20% YoY
2026-11-05 16:57:58
SJM HOLDINGS (00880.HK) announced its results for the third quarter ended September 2026. The group swung to a loss during the period, recording a net loss of HKD397 million, compared with a profit of HKD9 million in the corresponding period of 2025. Adjusted EBITDA amounted to HKD705 million, down 20% YoY, while the adjusted EBITDA margin rose 0.8 ppts to 13.3% from 12.5%.

For the first three quarters, SJM's net loss widened to HKD692 million, compared with a loss of HKD173 million in the corresponding period of 2025. Adjusted EBITDA amounted to HKD2.406 billion, down 4.8% YoY, while the adjusted EBITDA margin grew 2.6 ppts from 11.7% to 14.3%.
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