银河娱乐上季经调整EBITDA胜预期，续列行业首选股，目标价49.5港元

里昂证券02-28

一、业绩表现超预期银河娱乐(00027)在2025财年第四季度的经调整EBITDA同比增长33%至43亿元，超出里昂证券及市场预期3%。公司末期股息增加60%至0.8港元，全年派息率扩张1,100个基点至61%，显示出强劲的盈利能力和股东回报能力。里昂证券维持对银河娱乐“跑赢大市”的评级，并给予目标价49.5港元，继续将其视为行业首选股。二、市场竞争力与派息展望里昂证券指出，银河娱乐在澳门市场具备...

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