Tag - Genting Malaysia

Genting, subsidiary in for a better 2024

PETALING JAYA: After being hit hard by Covid-19, Genting Bhd and its subsidiary Genting Malaysia Bhd are making a decent comeback. Visitor arrivals to its resorts-cum-casinos have reached pre-Covid-19 levels and analysts said the group is primed for a better 2024. “For Resorts World Genting (RWG), we note that in the fourth quarter 2023 (4Q23), visitor arrivals grew to 5.8 million...

Genting Bhd makes big turnaround to post RM929.20mil net profit in FY23

KUALA LUMPUR: Genting Bhd registered a net profit of RM929.20 million in the financial year ended Dec 31, 2023 (FY2023) compared to a net loss of RM299.90 million a year ago. Its revenue jumped to RM27.12 billion from RM22.38 billion, boosted by the leisure and hospitality businesses in the United States, Bahamas, United Kingdom and Egypt. It...