Genting Singapore swings to the red in Q2
Add BT as a preferred source
Anita Gabriel
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
A DIFFERENT quarter, the same story. Slumping VIP volumes and low luck factor continued to vex Genting Singapore's fortunes with the casino giant reporting a second-quarter net loss attributable to shareholders of S$16.9 million, against a net profit of S$102.3 million a year ago.
Including S$29.4 million apportioned to holders of perpetual securities, it made a net profit of S$12.5 million, down 91 per cent from S$131.7 million a year ago.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Vietnam formalises new state leadership, redefining ‘four pillars’ power balance
‘Largest Singapore commercial S-Reit proxy’: analysts say buy CICT shares after Paragon acquisition
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
