SJM, Macau’s largest gaming operator, recorded profits of HK$5.4bn (US$695m) last year on the back of record revenues.
The company’s profits were up more than 49 per cent on the previous year following a 32 per cent increase in revenues to a record HK75.5bn.
Group EBITDA, meanwhile, grew 42.5 per cent in 2011 to HK$6.9bn.
"We are very pleased that SJM's net profit and adjusted EBITDA rose to record levels in 2011,” said Ambrose So, SJM’s CEO.
Last year, the Chinese enclave’s casinos generated gross revenue of MOP188.34bn ($23.5bn), a 42 per cent increase on the figure recorded in 2010. SJM maintained the largest market share with 29 per cent.
