Genting Singapore Q3 earnings surge
CASINO operator Genting Singapore's third-quarter net profit rocketed 187.2 per cent to S$106.9 million from the previous year's S$37.2 million, the group said in a Singapore Exchange filing on Thursday.
For the three months ended Sept 30, 2016, revenue dropped 8.6 per cent to S$581.5 million from S$636 million in the year-ago period.
Earnings per share shot up to 0.89 Singapore cents from 0.31 Singapore cents in the preceding year. Net asset value per share dipped to 60.4 Singapore cents as at Sept 30, from 61 Singapore cents as at nine months ago.
The group proposed an interim dividend per share of 1.5 Singapore cents, from no dividend in the corresponding period in the preceding year.
Genting Singapore shares on Thursday closed S$0.015 or 2 per cent up at S$0.76.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Air China to buy 100 locally made C919 jets in US$11 billion deal
HCA beats first-quarter profit estimates on higher patient admissions
F&B operator YKGI to exclusively operate Chicha San Chen in Macau for next eight years
LMIRT Q1 net property income dips 3.1% to S$30 million on higher expenses
Exxon misses on Q1 profit despite big gains in Guyana
US FDA approves Pfizer’s gene therapy for rare bleeding disorder