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Galaxy Entertainment Group Selected Unaudited Q3 2023 Financial Data

Retrieved on: 
Thursday, November 9, 2023

HONG KONG, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Galaxy Entertainment Group (“GEG”, “Company” or the “Group”) (HKEx stock code: 27) today reported results for the three-month period ended 30 September 2023. (All amounts are expressed in Hong Kong dollars unless otherwise stated)

Key Points: 
  • HONG KONG, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Galaxy Entertainment Group (“GEG”, “Company” or the “Group”) (HKEx stock code: 27) today reported results for the three-month period ended 30 September 2023.
  • In Q3 2023 Group Net Revenue increased 374% year-on-year to $9.7 billion and Adjusted EBITDA increased 576% year-on-year to $2.8 billion.
  • Mall rental in Q3 2023 across our portfolio was $379 million, which was equivalent to 114% of 2019 levels.
  • In Q3 2023, the Group posted Net Revenue of $9.7 billion, up 374% year-on-year and up 11% quarter-on-quarter.

Galaxy Entertainment Group Selected Unaudited Q3 2022 Financial Data

Retrieved on: 
Thursday, November 10, 2022

Galaxy Entertainment Group (GEG, Company or the Group) (HKEx stock code: 27) today reported results for the three-month period ended 30 September 2022.

Key Points: 
  • Galaxy Entertainment Group (GEG, Company or the Group) (HKEx stock code: 27) today reported results for the three-month period ended 30 September 2022.
  • Group Adjusted EBITDA was $(581) million, Vs $503 million in Q3 2021 and $(384) million in Q2 2022.
  • Galaxy Macaus Adjusted EBITDA was $(299) million Vs $454 million in Q3 2021 and $(188) million in Q2 2022.
  • Normalized Q3 2022 Adjusted EBITDA was $(561) million, Vs $483 million in Q3 2021 and $(408) million in Q2 2022.

Galaxy Entertainment Group Selected Unaudited Q1 2022 Financial Data

Retrieved on: 
Thursday, May 12, 2022

Galaxy Entertainment Group (GEG, Company or the Group) (HKEx stock code: 27) today reported results for the three month period ended 31 March 2022.

Key Points: 
  • Galaxy Entertainment Group (GEG, Company or the Group) (HKEx stock code: 27) today reported results for the three month period ended 31 March 2022.
  • View the full release here: https://www.businesswire.com/news/home/20220511006186/en/
    Bar Chart of GEG Adjusted EBITDA (Graphic: Business Wire)
    I wish to take this opportunity to update you on the Macau market and our financial performance in Q1 2022.
  • In Q1 2022, the Group posted Net Revenue of $4.1 billion, down 20% year-on-year and down 14% quarter-on-quarter.
  • In Q1 2022, the Groups Normalized Adjusted EBITDA was $572 million after adjusting for good luck of $3 million, down 24% year-on-year and down 38% quarter-on-quarter.

Galaxy Entertainment Group Selected Unaudited Q3 2021 Financial Data

Retrieved on: 
Thursday, November 11, 2021

Galaxy Entertainment Group (GEG, Company or the Group) (HKEx stock code: 27) today reported results for the three-month period ended 30 September 2021.

Key Points: 
  • Galaxy Entertainment Group (GEG, Company or the Group) (HKEx stock code: 27) today reported results for the three-month period ended 30 September 2021.
  • Moving onto our Q3 2021 performance, Group Net Revenue was $4.3 billion, Vs $1.6 billion in Q3 2020 and $5.6 billion in Q2 2021.
  • In Q3 2021, visitor arrivals to Macau were 1.8 million, versus 750,204 in Q3 2020 and 2.2 million in Q2 2021.
  • Normalized Q3 2021 Adjusted EBITDA was $550 million, Vs $(940) million in Q3 2020 and $1.1 billion in Q2 2021.