Galaxy Entertainment Group (HK:0027) has released an update.
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Galaxy Entertainment Group reported an 11% year-on-year increase in net revenue to HK$10.7 billion for Q3 2024, with adjusted EBITDA rising 6% despite unfavorable gaming results. The company’s robust financial health, marked by HK$28.6 billion in cash and liquid investments, supports its strategic initiatives, including international expansion and development projects in Macau. The Group also paid an interim dividend, reflecting confidence in Macau’s long-term prospects.
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