Genting Singapore swings to the red in Q2
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Anita Gabriel
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.
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