GALAXY ENT(00027) announced its performance for the year 2024, with a net profit attributable to shareholders of 8.8 billion Hong Kong dollars, an increase of 28% compared to the previous year. The final dividend is 0.5 Hong Kong dollars per share.

GALAXY ENT (00027) announced its performance for the year 2024, with a net profit of HK$43.4 billion, an increase of 22% year-on-year. Adjusted EBITDA reached HK$12.2 billion, an increase of 22% year-on-year. Profit attributable to shareholders was HK$8.8 billion, an increase of 28% year-on-year. Earnings per share were 200.3 Hong Kong cents, with a final dividend of HK$0.50 per share. In 2024, the total gaming revenue of the group was HK$41.1 billion, an increase of 30% year-on-year. This includes a total gaming revenue of HK$33.1 billion from the mass market segment, an increase of 25% year-on-year, VIP gaming revenue of HK$5.3 billion, an increase of 55% year-on-year, and slot machine gaming revenue of HK$2.7 billion, an increase of 52% year-on-year. Looking at the various business segments, "Galaxy Macau" was the main revenue driver, with a net profit of HK$34.5 billion, an increase of 24% year-on-year, and adjusted EBITDA of HK$10.8 billion, an increase of 18% year-on-year. Net profit for Macau StarWorld Hotel was HK$5.3 billion, an increase of 15% year-on-year, with adjusted EBITDA of HK$1.6 billion, an increase of 24% year-on-year. Adjusted EBITDA for "Broadway Macau" was HK$24 million, turning losses into profits year-on-year; adjusted EBITDA for the construction materials business was HK$857 million, an increase of 23% year-on-year. In addition, the group's net profit for the fourth quarter was HK$11.3 billion, an increase of 9% year-on-year and 6% quarter-on-quarter. Adjusted EBITDA was HK$3.2 billion, an increase of 15% year-on-year and 10% quarter-on-quarter.