Genting Q4 net profit up 5% despite 13% revenue drop
Drop in taxation helps push earnings to $140.3m
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GENTING Singapore - the casino operator that runs the Resorts World Sentosa (RWS) integrated resort - has posted a fourth-quarter net profit attributable to shareholders of $140.3 million, up 5 per cent from $133.2 million a year earlier.
This was after apportioning $29.7 million attributable to holders of perpetual capital securities.
The group proposed a final cash dividend of one cent per ordinary share, the same as in the preceding year.
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