Lyon released a research report sayingbestcandycrush, maintain SJM Holdings (00880)"underperform" ratingbestcandycrush, target price from 2bestcandycrush.6 HKD increased to 3bestcandycrush.1 Hong Kong dollar. With good results in the first quarter of 2024, the bank has increased its non-gaming revenue forecast and profit margin assumptions for Grand Lisboa and Grand Lisboa, and raised its earnings before interest, taxes, depreciation and amortization for 2024 and 2025 respectively.(EBITDA) 9% and 3%, which means that profit margins are resilient. However, the bank said it still needs to be patient until the market share of Shanghai Lisboa reaches the 5%.
