Galaxy revenue rises 5 pct in Q1, SJM’s dips 5 pct

2017-05-05 08:00
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Casino operator Galaxy Entertainment Group (GEG) said yesterday that its total revenue in the first quarter rose 5 percent year on year to HK$14.1 billion.

Galaxy said in a statement that its earnings before interest, taxes, depreciation and amortisation (EBITDA) jumped 31 percent year on year to HK$3.2 billion.

Analyst estimates compiled by Bloomberg had forecast EBITDA to reach HK$2.99 billion.

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