Hong Kong-listed casino operator Galaxy Entertainment Group (GEG) registered a 56 percent net profit increase in the first half of 2018, driven by record mass market and strong VIP segments.

GEG announced before the Hong Kong Stock Exchange that its net profit attributable to the company’s shareholders grew to HKD7.2 billion (US$917.2 million) for the six months that ended in June 2018.

The group’s net revenue also jumped 25 percent to HKD28.1 billion (US$3.56 billion) in H1 2018 while its adjusted EBITDA climbed 34 percent year-on-year to HKD8.6 billion (US$1.09 billion) despite “bad luck in its gaming operations.”

Financial data shows that GEG’s VIP and mass market segments boosted the profits of the casino operator. GEG’s total gaming revenue—excluding those generated by the City Clubs that use Galaxy Entertainment’s gaming license but were managed by third-party investors—climbed 30 percent year-on-year to HKD34.3 billion (US$4.37 billion).