Galaxy Entertainment Group $(GEG)$ reported FY 2025 net revenue of HKD 49.2 billion (+13%) and adjusted EBITDA of HKD 14.5 billion (+19%), while net profit attributable to shareholders rose to HKD 10.7 billion (+22%). In Q4 2025, net revenue was HKD 13.8 billion (+22% YoY, +14% QoQ) and adjusted EBITDA was HKD 4.3 billion (+33% YoY, +29% QoQ); GEG said it “played lucky” in FY 2025, lifting adjusted EBITDA by about HKD 1.5 billion, with normalized FY adjusted EBITDA of HKD 13.0 billion (+5%). Cash and liquid investments totaled HKD 36.3 billion as of 31 December 2025, with debt of HKD 1.3 billion. By property, Galaxy Macau FY 2025 net revenue was HKD 41.0 billion (+19%) and adjusted EBITDA was HKD 13.4 billion (+24%), while StarWorld Macau posted FY net revenue of HKD 5.0 billion (-7%) and adjusted EBITDA of HKD 1.4 billion (-13%). City Clubs FY adjusted EBITDA was HKD -7 million (vs. HKD 14 million), with Waldo Casino ceasing operations on 31 October 2025. GEG recommended a final dividend of HKD 0.80 per share (payable in June 2026), taking total dividends for FY 2025 to HKD 1.50 per share; the company also highlighted the ramp-up of Capella at Galaxy Macau (soft launch in May 2025; official opening on 10 February 2026) and said it hosted around 350 concerts, entertainment shows, sporting and major events in 2025, while targeting completion of Cotai Phase 4 in 2027 with a focus on non-gaming, including an approximately 5,000-seat theater and about 1,350 hotel rooms and suites.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Galaxy Entertainment Group Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260226-12030169), on February 26, 2026, and is solely responsible for the information contained therein.