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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement , make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement . 澳門 博彩 控股 有限公司 SJM HOLDINGS LIMITED incorporated in Hong Kong with limited liability Stock Code : 880 ANNOUNCEMENT 2021 THIRD QUARTER AND YEAR - TO - DATE SELECTED UNAUDITED KEY PERFORMANCE INDICATORS The board of directors ( the “ Board ” ) of SJM Holdings Limited ( the “ Company ” ) hereby announces selected unaudited key performance indicators of the Company and its subsidiaries ( collectively the “ Group ” ) for the three months ended 30 September 2021 ( " Q3 2021 " ) and the nine months ended 30 September 2021 to enable its shareholders , investors and the public to better appraise the position and business performance of the Group . 2021 THIRD QUARTER AND YEAR - TO - DATE HIGHLIGHTS ( UNAUDITED ) Net Gaming Revenue¹ of the Group in Q3 2021 was HK $ 2,276 million , as compared with HK $ 841 million in Q3 2020 , and for the nine months ended 30 September 2021 , Net Gaming Revenue was HK $ 7,352 million , as compared with HK $ 5,113 million in the first nine months of 2020 . Adjusted EBITDA² of the Group in Q3 2021 was negative HK $ 460 million , as compared with negative HK $ 782 million in Q3 2020 , and for the nine months ended 30 September 2021 , Adjusted EBITDA was negative HK $ 970 million , as compared with negative HK $ 1,766 million in the first nine months of 2020 . Adjusted EBITDA Margin³ of the Group in Q3 2021 was negative 19.1 % as compared with negative 89.0 % in Q3 2020 , and for the nine months ended 30 September 2021 was negative 12.7 % as compared with negative 33.6 % in the first nine months of 2020 . Loss attributable to owners of the Company in Q3 2021 was HK $ 1,248 million , as compared with a loss of HK $ 1,031 million in Q3 2020 , and for the nine months ended 30 September 2021 , loss attributable to owners of the Company was HK $ 2,714 million , as compared with a loss of HK $ 2,444 million in the first nine months of 2020. Figures for loss attributable to owners in 2021 reflect the absorption of pre - opening costs and depreciation of Grand Lisboa Palace and interest expenses . − 1 –