CICC: GALAXY ENT 1Q Results In Line; Reiterates Outperform with TP HKD44.1

AASTOCKS News
2026.05.15 06:28
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CICC reported that GALAXY ENT's 1Q results met expectations, with revenue of HKD12.396 billion, up 11% YoY. Adjusted EBITDA was HKD3.576 billion, aligning with market forecasts. CICC maintained its EBITDA forecasts for 2026 and 2027, reiterating an Outperform rating with a target price of HKD44.1, reflecting an 11x 2026 EV multiple.