Description
Overview of 1st quarter of 2024 fiscal year of Galaxy Entertainment Group Limited.
Goals and Objectives of the Research
Research Objective: To perform a comparative analysis of the Q1FY24 quarterly report and those of previous periods.
Research Tasks:
- Gather comprehensive financial and corporate information pertaining to the company for Q1FY24;
- Analyze the collected information;
- Conduct a comparative assessment of the Q1FY24 report with the reports from previous quarters of the current fiscal year and Q1FY23;
- Formulate 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 used is reflective of the researcher's personal opinion, this will be labeled accordingly.
The provided public company quarterly reports are unaudited.
Document Markup
- FY - Financial Year;
- Q - Quarter;
- GEG - Galaxy Entertainment Group Limited;
- This report uses the American number format: a period is used as the decimal separator, while commas separate thousands;
- Year-over-year (YoY) calculations of relative values were not performed in cases where last year's profit changed to a loss in the current year and vice versa within the scope of the current report;
- Galaxy Entertainment Group Annual Report Period is from January 1 to December 31, 2024;
- The specified financial year coincides with the calendar year.
Short Insights
- Consolidated net revenues had an increase of 49.59% compared to the Q1FY23;
- Balance sheet As of 31 March 2024, cash and liquid investments were 26,400 million HKD;
- The company paid a special dividend of 0.30 HKD per share on April 26, 2024;
- Announced the opening of Capella at Galaxy Macau in 2025.
