Description
Galaxy Entertainment Group is a global leader in hospitality and gambling, with a renowned fleet of opulent cruise liners in Macau, China, and beyond. Their mission is clear: to dominate the international gaming and entertainment scene. In addition, the Group constitutes a key player in manufacturing and distributing construction materials, real estate investment, and mining.
Research Goals and Objective
Research Objective: To study Galaxy Entertainment’s publicly available financial information, determine the company's development strategy, and compile an overview of its annual financial reports.
Research Tasks:
- Find the company’s comprehensive financial and corporate information;
- Analyze the gathered information;
- Draw conclusions based on the analyzed data.
Disclaimers
The information collected in this report reflects data from the company's public reports and is not questioned or verified via other sources. In other words, information from the company's public reports is taken and used as is.
If additional information from other sources is used or if the data is reflective of the researcher's personal opinion, this will be labeled accordingly.
Document Markup
- Galaxy Entertainment’s report period is from January 1, 2022, to December 31, 2022;
- The specified financial year coincides with the 2022 calendar year;
- YoY — Year-to-Year;
- FY — Fiscal Year;
- GEG — Galaxy Entertainment Group;
- This report uses the American number format: a period is used as the decimal separator, while commas separate thousands;
- Year-over-Year (YoY) relative value calculations were not performed in cases where a previous year's profit changed to a loss in the current year and vice versa within the scope of the current report.
Short Insights
- Galaxy Entertainment Group's shares are publicly traded on the Hong Kong Stock Exchange (HKEX), providing investors with an opportunity to participate in its growth;
- The company has diversified its business operations to include manufacturing and distribution of construction materials in Macau, Hong Kong, and mainland China;
- In its 2022 financial report, the company reported a net profit of HKD 11.474 million, showing a noteworthy 12.22% decrease compared to the previous year;
- Galaxy Entertainment Group offers a range of services related to real estate investment, project management, quality assurance, and security, in addition to the import, export, trade, and transportation of construction materials.
