Genting HK's earnings lower on fall in 'net other gains'

Singapore

GENTING Hong Kong, an operator of casino cruise ships, reported on Friday that its net profit attributable to shareholders fell to US$384.48 million for the year ended Dec 31, 2014, from US$552.39 million a year ago.

Earnings per share slipped to 4.79 US cents from seven US cents.

Turnover rose to US$570.81 million, from US$554.73 million a year ago. Included in the turnover was an "others" segment, which rose to US$23.5 million from US$12.6 million, due mainly to the increase in dividend income received from available-for-sale investments and revenue generated from aviation …