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4-Traders Homepage  >  Equities  >  Stock Exchange of Hong Kong  >  Galaxy Entertainment Group Limited    0027   HK0027032686

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Galaxy Entertainment : 2016 Net Profit Up 51% to HK$6.28 Billion

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02/28/2017 | 10:23am CEST
   By Joanne Chiu 
 

Macau casino operator Galaxy Entertainment Group Ltd. (0027.HK) reported a 51% rise in 2016 net profit in the wake of non-gaming revenue and stringent cost control.

The Hong Kong-listed company, which operates hotels and casinos in Macau, said after markets closed Tuesday that its net profit for the year ended December rose to 6.28 billion Hong Kong dollars (US$808.9 million) from HK$4.16 billion, and revenue rose 4% to HK$52.83 billion.

The company didn't declare any final dividend for 2016, the same as a year earlier.

Write to Joanne Chiu at joanne.chiu@wsj.com

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Financials ( HKD)
Sales 2017 57 203 M
EBIT 2017 8 392 M
Net income 2017 7 999 M
Finance 2017 20 951 M
Yield 2017 1,12%
P/E ratio 2017 24,92
P/E ratio 2018 22,75
EV / Sales 2017 3,22x
EV / Sales 2018 2,97x
Capitalization 204 993 M
Chart GALAXY ENTERTAINMENT GROUP
Duration : Period :
Galaxy Entertainment Group Technical Analysis Chart | 0027 | HK0027032686 | 4-Traders
Technical analysis trends GALAXY ENTERTAINMENT GROUP
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 24
Average target price 49,2  HKD
Spread / Average Target 2,8%
EPS Revisions
Managers
NameTitle
Michael Victor Mecca President
Che Woo Lui Chairman
Robert Charles Drake Group Chief Financial Officer
James Houghton Director-Information Systems & Technology
James Ross Ancell Independent Non-Executive Director
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