Genting Singapore posts S$163.3m Q2 loss in worst quarterly showing since 2010
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
IN ITS worst quarterly performance since the opening of Resorts World Sentosa (RWS) in 2010, Genting Singapore logged a S$163.3 million net loss for Q2 FY2020 ended June, reversing a S$168.4 million net profit from a year ago.
Making zero revenue amid RWS' temporary closure in Q2 was "devastating", Genting said in a bourse filing on Thursday evening.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Singaporeans can now buy record amount of yen per Singdollar
