Galaxy Entertainment 1H Net Profit Rises 19% on Macau Tourism
Galaxy Entertainment 1H Net Profit Rises 19% on Macau Tourism

Galaxy Entertainment 1H Net Profit Rises 19% on Macau Tourism

News summary

Galaxy Entertainment Group reported a strong financial performance for the first half of 2025, with net profit rising 19 percent to HK$5.24 billion and net revenue increasing 8 percent to HK$23.25 billion, driven primarily by its Galaxy Macau operations. The second quarter saw adjusted EBITDA grow 12 percent year-on-year to HK$3.6 billion on net revenue of HK$12 billion, supported by a 15 percent increase in Macau visitor arrivals and successful mega entertainment events. The company announced an interim dividend of HK$0.70 per share payable in October, up from HK$0.50 the previous year. Galaxy's chairman highlighted the resilience of the Macau market despite global economic challenges, noting growth across all business segments, especially the premium mass market. The group’s balance sheet remains strong, with cash and liquid investments of HK$30.7 billion and minimal debt. Overall, Galaxy Entertainment is optimistic about Macau's outlook due to improving transportation infrastructure and sustained tourism momentum.

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