Galaxy’s 2018 profit rises 29 pct to HK$13.5 billion

2019-03-01 07:35
BY admin
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Galaxy Entertainment Group’s (GEG) net profit rose by 29 percent year-on-year to HK$13.5 billion last year, the Hong Kong-listed gaming company announced yesterday.

According to a GEG statement, net revenue rose by14 percent to HK$55.2 billion. Adjusted EBITDA increased by 19 percent to HK$16.9 billion. 

The statement quoted GEG Chairman Lui Che Woo as saying that “at GEG, we continue to drive every segment of the business with a particular focus on the mass business and continue to allocate resources to their most efficient use.”

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