(HKEx stock code: 27) today reported results for the three-month period ended
LETTER FROM THE CHAIRMAN OF GALAXY ENTERTAINMENT GROUP
Thank you for the opportunity to provide you with a broad market overview and a review of the financial performance of GEG in Q1 2023. But firstly, I would like to take a few moments to put the business performance of Q1 2023 into perspective. On
to see solid pent-up customer demand following the relaxation of travel restrictions. Visitors arrivals, hotel occupancy, gaming revenue and retail sales have all seen good growth. Looking forward into Q2 2023, we would expect further improvements as more existing facilities come online following additional staff recruitment, expanded flight and ferry capacity, and the opening of new amenities such as
Moving onto our financial performance, the Group Net Revenue in Q1 2023 was
Our balance sheet remained healthy and liquid. As of Q1 2023, cash and liquid investments were
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