Galaxy Entertainment Posts Surge In 2012 Profit

Galaxy Entertainment Group

reported a strong rise in its 2012 net profit. Galaxy Entertainment's net profit for the year surged to HK$7.38 billion, from HK$3.00 billion, in the year-ago period. Its revenue surged 38% to HK$56.7 billion versus HK$41.2 billion. Galaxy Entertainment shares closed at $42.51 yesterday.