Genting HK sees 15-fold jump in H1 profit on accounting gains

Singapore

GENTING Hong Kong says it expects to post a net profit of at least US$2.1 billion for the half- year ended June 2015 - a 15-fold jump from US$142.2 million for the same half-year period last year - led by disposal of its stake in Norwegian Cruise Line Holdings (NCLH) and accounting gains.

This was based on the firm's preliminary assessment of the latest unaudited financial information, excluding the share of results of NCLH and Travellers.