Galaxy Entertainment (00027.HK) reported a net profit of 12.4 billion Hong Kong dollars in the first quarter, up 11% year-on-year.

Wisdom Finance APP News, Galaxy Entertainment (00027.HK) announced that in the first quarter of 2026, the group recorded a net income of 12.4 billion Hong Kong dollars, an increase of 11% year-on-year and a 10% decrease quarter-on-quarter. The adjusted EBITDA was 3.6 billion Hong Kong dollars, an 8% year-on-year growth but a 17% quarter-on-quarter decrease. The performance in the quarter was affected by luck factors. In the fourth quarter of 2025, the group's adjusted EBITDA was 4.3 billion Hong Kong dollars, including an increase of about 730 million Hong Kong dollars due to a higher net win rate. However, in the first quarter, it decreased by about 2 million Hong Kong dollars due to a lower net win rate. Excluding the win rate factor, the adjusted EBITDA remained flat compared to the previous quarter. The business performance during the Lunar New Year period was stable, similar to last year, and strengthened after the holidays.