Melco International Development LimitedHKEX: 200

SJM leads slide in HK-listed Macau gaming stocks on weak Q3

· Issued by Melco International Development Limited

** SJM Holdings HKEX:880 slips 10.4% to HK$2.67, lowest since July 7

** Stock set for biggest one-day pct decline since August 29; leads slide in HK-listed Macau gaming stocks

** Co's Q3 total net revenue falls 6.2% y/y; net gaming revenue eases 6.5% y/y; net profit drops 91.1% y/y; adjusted EBITDA down 15% y/y

** Rivals MGM China HKEX:2282, Sands China HKEX:1928, Galaxy Entertainment HKEX:27, Wynn Macau HKEX:1128 and Melco International HKEX:200 lose between 1.7% and 4.7%

** YTD, stock gains 1.1%

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