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JMMB Group Targets Lower Operating Costs Through Efficiency Measures
JMMB Group has reaffirmed its commitment to lowering the cost of doing business through sustained operational efficiency initiatives. The Group’s leadership, led by Chief Financial Officer (CFO) Patrick Ellis, outlined steps being taken to align expenses with revenue growth while maintaining scalability and profitability across its regional operations. Key Details During the company’s Annual General Meeting on October 10, 2025 , CFO Patrick Ellis announced that JMMB Group is working to improve its operational efficiency ratio, with a long-term target of 65–70 percent . “Our expense side, operational efficiency, and that is, as we said, part of our strategic objective… we try to ensure that our revenue grows faster than our expenses,” Ellis told shareholders. “Our operating efficiency ratio is not where we want it to be long-term. We want it to be in the 70s to 65 per cent.” He noted that although staff costs fell by two percent , other key expense areas such as insurance, d...
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