Galaxy Entertainment Celebrates Profit Surge and Expansion
Company Announcements

Galaxy Entertainment Celebrates Profit Surge and Expansion

Galaxy Entertainment Group (HK:0027) has released an update.

Galaxy Entertainment Group Limited (GEG) reports a strong financial performance in the first half of 2024, with a 37% increase in Group Net Revenue and Adjusted EBITDA, and a near perfect occupancy rate at their resort hotels. The company boasts a robust balance sheet, leading to a substantial interim dividend for shareholders. GEG is also progressing with technological enhancements, such as the rollout of smart tables, and continues to expand its non-gaming offerings amidst significant political anniversaries.

For further insights into HK:0027 stock, check out TipRanks’ Stock Analysis page.

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