Galaxy Entertainment Group reports Q1 results
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 14 2024
0mins
Source: SeekingAlpha
- Galaxy Entertainment Group Q1 Financials:
- Cash and liquid investments were HK$26.4 billion, net position HK$25.0 billion after debt of HK$1.4 billion.
- Revenue of HK$10.55B, a 49.6% increase year-over-year.
- Combined seven hotels had a 97% occupancy rate in Q1 2024.
- More on Galaxy Entertainment Group:
- Transition from VIP to mass market is ongoing.
- Historical earnings data available for Galaxy Entertainment Group.
- Financial information resources provided for Galaxy Entertainment Group.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
