The Zhitong Finance App learned that Jinjie Holdings (03918) rose more than 6%. As of press release, it had risen 6.06% to HK$4.2, with a turnover of HK$15.8026 million.
According to the news, Jinjie Holdings recently announced the Group Gaming Division's results for the three months ended March 31, 2024, with total gaming revenue of US$145 million, up 23.7% year on year. Among them, total gaming revenue of the midfield division was US$92.491 million, up 19.9% year on year; profit before interest, taxes, depreciation and amortization (EBITDA) was US$803.47 million, up 32.6% year on year.
According to the announcement, the midfield segment continues to grow, mainly driven by a 34% increase in the total gaming revenue of midfielders in the first quarter of 2024 compared to the first quarter of 2023. Furthermore, midfield's average daily turnover in the first quarter of 2024 was the highest recorded since the property resumed business in the third quarter of 2021. CICC previously pointed out that considering the upward trend in domestic outbound travel demand, the bank believes that the recovery in the company's business volume is expected to accelerate in 2024.