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Galaxy Payroll Group Limited's Business Segments
Galaxy Payroll Group Limited's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Reportable Segments
-
Largest Segment
-
Total Revenue
$ 4
Regions Reported
-
Annual Results
Revenue by Product & Service Category -
- Payroll Outsourcing Services0%
- Employment Services0%
Revenue by Product & Service Category -
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Payroll Outsourcing Services | $ 18 | - |
| Employment Services | $ 13 | - |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
Description of Galaxy Payroll Group Limited
Galaxy Payroll Group Limited, incorporated in the British Virgin Islands in 2021, serves as the holding company for a group primarily engaged in payroll outsourcing and employment services. The group's origins trace back to April 2013, when founders Mr. Lao, Mr. But, and Mr. Yeung, along with a former shareholder, acquired Galaxy Payroll (HK) and Galaxy Solutions Partner in Hong Kong. The group provides payroll outsourcing and employment services mainly to global human resources service providers and end-users, including multinational companies across industries such as retail and trading, industrial, IT, financial, professional services, education, and healthcare. Between 2013 and 2016, the group expanded its services to the PRC, Macau, and Taiwan. In 2018, Galaxy HR (SZ) was established to develop the PRC market and obtained a Labor Dispatch Operation Permit in 2019, allowing it to act as an employer of record for employment services in the PRC. The group's corporate structure includes subsidiaries such as Melkweg Holdings Limited and Galaxy Payroll (HK), with the latter focusing on payroll outsourcing and employment services in Hong Kong. Galaxy Payroll Group Limited functions as an investment holding company and does not currently conduct business activities directly.