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Galaxy Entertainment Group Ltd (0027.HK)

0027.HK on Hong Kong Stock

35.35HKD
16 Jan 2017
Change (% chg)

HK$-0.15 (-0.42%)
Prev Close
HK$35.50
Open
HK$35.50
Day's High
HK$35.75
Day's Low
HK$35.05
Volume
5,278,120
Avg. Vol
18,082,211
52-wk High
HK$39.20
52-wk Low
HK$19.69

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Wed, Oct 26 2016

UPDATE 1-Macau casino firm Galaxy's Q3 profit jumps on non-gaming strength

* Stock jumps as much as 3.8 pct to highest in 14 months (Add details of results)

Macau's Galaxy Entertainment posts 28 pct rise in Q3 net profit

HONG KONG, Oct 26 Macau casino operator Galaxy Entertainment Group posted a 28 percent rise in net profit in the third quarter from a year earlier as the world's biggest gambling hub showed tentative signs of a turnaround after plummeting growth in the past two years.

BRIEF-Galaxy Entertainment Group's Q3 group adjusted EBITDA of HK$2.7 bln, up 28 pct

* Q3 group revenue of hk$12.9 billion, up 5% year-on-year, up 6% quarter-on-quarter

Macau's Galaxy Entertainment H1 profit rises 26 percent after cost burden lifts

HONG KONG Macau casino operator Galaxy Entertainment Group Ltd said first-half profit rose 26 percent from the same period last year when new casino costs pulled down earnings, offsetting a decline in wealthy gamblers visiting the world's biggest casino hub.

UPDATE 1-Macau's Galaxy Entertainment H1 profit rises 26 pct after cost burden lifts

* Says market showing gradual signs of stabilisation (Adds company comment, revenue, context)

Macau's Galaxy Entertainment H1 profit rises 26 pct

HONG KONG, Aug 25 Macau casino operator Galaxy Entertainment Group Ltd said first-half profit rose 26 percent from the same period last year when new casino costs pulled down earnings, offsetting a decline in wealthy gamblers visiting the world's biggest casino hub.

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