February 28, 2017 / 10:30 AM / 5 months ago

BRIEF-SJM Holdings posts FY net profit of HK$2.327 bln

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Feb 28 (Reuters) - SJM Holdings Ltd:

* Fy net profit HK$ 2.327 billion versus HK$2.465 billion

* Recommends payment of a final dividend of hk18 cents per ordinary share

* Fy gaming revenue HK$41.27 billion versus HK$48.28 billion

* Group's performance in 2017 and over medium term is susceptible to overall economic performance of surrounding region

* Group remains optimistic about its future prospects, given potential for growth of visitation and spending in macau

* VIP gaming revenue of group declined by 20.5% in 2016 and mass market table gaming revenue decreased by 8.2% Source text for Eikon: Further company coverage:

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