Genting Singapore H2 net profit falls 49% to S$95.1m on lower visitorship
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Singapore
INTEGRATED Resort (IR) operator Genting Singapore reported on Thursday (Feb 17) that net profit for its second half fell 49 per cent on year, due to lower visitorship as community Covid-19 cases rose.
Net profit for the 6 months ended Dec 31, 2021, fell to S$95.1 million, down from S$185.9 million during the same period a year earlier. Revenue for the period was 17 per cent lower at S$512.5 million.
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