HK Stock Market Move | GALAXY ENT (00027) rose over 3% in the afternoon, with a 28% year-on-year increase in net profit. A final dividend of 0.5 Hong Kong dollars will be paid.

GALAXY ENT (00027) rose over 3% in the afternoon, up 2.77% as of the time of writing, at HK$31.5, with a turnover of HK$3.81 billion. In terms of news, GALAXY ENT announced its 2024 financial results during the afternoon, with a net profit of HK$43.4 billion, up 22% year-on-year. Adjusted EBITDA reached HK$12.2 billion, up 22% year-on-year. Shareholders' net profit was HK$8.8 billion, up 28% year-on-year. Earnings per share were HK$2.003, with a final dividend of HK$0.50 per share. In 2024, the group's total gaming revenue was HK$41.1 billion, up 30% year-on-year. This included mid-term gaming revenue of HK$33.1 billion, up 25% year-on-year, VIP room gaming revenue of HK$5.3 billion, up 55% year-on-year, and slot machine gaming revenue of HK$2.7 billion, up 52% year-on-year.