In addition to GF Securities, Galaxy Entertainment Group also received a Buy from DBS’s Mavis Hui in a report issued on August 13. However, on August 12, Morgan Stanley maintained a Hold rating on Galaxy Entertainment Group (Other OTC: GXYEF).
Based on Galaxy Entertainment Group’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of HK$15.52 billion and a net profit of HK$5.43 billion. In comparison, last year the company earned a revenue of HK$21.96 billion and had a net profit of HK$4.37 billion
