Galaxy Entertainment Group ( (GXYEF) ) has released its Q1 earnings. Here is a breakdown of the information Galaxy Entertainment Group presented to its investors.
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Galaxy Entertainment Group (GEG) is a leading global resort, hospitality, and gaming company, primarily operating in Macau, with a diverse portfolio of integrated resorts, retail, dining, hotel, and gaming facilities. The company is listed on the Hong Kong Stock Exchange and is known for its innovative and award-winning properties.
In its latest earnings report for Q1 2025, Galaxy Entertainment Group reported a solid financial performance with a Group Adjusted EBITDA of $3.3 billion, marking a 16% increase year-on-year and a 2% rise quarter-on-quarter. The company also declared a final dividend of $0.50 per share payable in June 2025, reflecting confidence in its long-term outlook.
Key financial highlights include a net revenue of $11.2 billion, which is a 6% increase year-on-year. Galaxy Macau, the primary driver of the group’s earnings, reported a net revenue of $9.1 billion, up 10% year-on-year, with an adjusted EBITDA of $3.0 billion. The company continues to enhance its non-gaming amenities and entertainment offerings, contributing to a 64% increase in foot traffic at Galaxy Macau.
Looking ahead, Galaxy Entertainment Group remains focused on expanding its non-gaming offerings and exploring development opportunities in the Greater Bay Area and overseas markets. The company is progressing with the construction of Phase 4, which emphasizes entertainment and family facilities, and anticipates further growth in Macau’s tourism and leisure sector.
Despite short-term challenges, GEG is optimistic about the long-term prospects for Macau, supported by the region’s economic diversification efforts and China’s backing. The company is poised to capitalize on the growing demand for entertainment and luxury accommodations in Macau.