Hong Kong-based Galaxy Entertainment Group (GXYEF.PK,GXYEY.PK) reported Thursday that its fiscal 2020 net loss attributable to shareholders was HK$4 billion, down 130 percent year-on-year. .
Group Adjusted EBITDA was negative HK$1 billion, compared to positive HK$16.5 billion last year. Normalized 2020 Adjusted EBITDA was loss of HK$1.0 billion, compared to profit of HK$15.7 billion in 2019.
Total net revenue declined 75 percent to HK$12.9 billion from HK$51.90 billion a year ago.
In the fourth quarter, adjusted EBITDA of HK$1.0 billion declined 75 percent year-on-year, but grew 207 percent sequentially. Net revenue of HK$5.1 billion dropped 61 percent year-on-year, but climbed 229 percent sequentially.
Normalized fourth-quarter adjusted EBITDA decreased 73 percent year-on-year, but increased 214 percent quarter-on-quarter to HK$1.1 billion.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.