Galaxy Entertainment Group Ltd 2016 AR2
The report highlights Galaxy Entertainment Group's solid financial and operational performance in 2016, achieving a revenue of HK$52.8 billion and an Adjusted EBITDA of HK$10.3 billion despite challenging market conditions. The company successfully transitioned its focus toward the mass market and non-gaming segments, with hotel occupancy across its properties reaching virtually 100%. In terms of sustainability, the Group implemented various environmental initiatives, resulting in over 17.3 million kWh of energy savings and a reduction of 161,115 cubic meters in water consumption. Additionally, the company launched the Local SME Partnership Program to support local businesses and continued its community contributions through the Galaxy Entertainment Group Foundation.
Company: Galaxy Entertainment Group Ltd
Sector: Arts, sports & recreation
Country: Hong Kong
Year: 2016
Type: AR2
Pages: 164
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Galaxy Entertainment Group Ltd
Annual Report
The report highlights Galaxy Entertainment Group's solid financial and operational performance in 2016, achieving a revenue of HK$52.8 billion and an Adjusted EBITDA of HK$10.3 billion despite challenging market conditions. The company successfully transitioned its focus toward the mass market and non-gaming segments, with hotel occupancy across its properties reaching virtually 100%. In terms of sustainability, the Group implemented various environmental initiatives, resulting in over 17.3 million kWh of energy savings and a reduction of 161,115 cubic meters in water consumption. Additionally, the company launched the Local SME Partnership Program to support local businesses and continued its community contributions through the Galaxy Entertainment Group Foundation.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees