The management of Royal Supermarket Company Limited “sincerely apologised” on Tuesday morning in a statement for what it described as “price confusion” concerning some of its goods.
Business
SJM Holdings Limited announced today that its adjusted EBITDA declined year-on-year to a negative HK$200 million in the first quarter, a decrease of 118.6%.
Macau’s main telecommunications company CTM said in a statement today that it will sell the second-generation iPhone SE starting Wednesday.
The Consumer Council (CC) announced last night that it has withdrawn with immediate effect Royal Supermarket’s “Certified Shop” seal of quality in the wake of scores of complaints by consumers about the company’s sudden and steep price hikes on May 1.
Hong Kong-listed gaming operator MGM China reported today an adjusted negative EBITDA of HK$0.1 billion for the first quarter.
Two of Macau’s main border checkpoints will resume their normal operating hours at 6 a.m. Sunday.
Macau’s Chinese-Portuguese electricity monopoly company CEM made a profit of about MOP 800 million (US$100 million) last year.
Macau’s gross gaming revenue fell 96.8% year-on-year to MOP 754 million (US$95.1 million) in April.
