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Genting Singapore's Q3 profit gets a boost from VIP business

Nisha Ramchandani
Published Mon, Nov 6, 2017 · 09:50 PM

Singapore

GENTING Singapore's net profit attributable to ordinary shareholders jumped 35 per cent year-on-year to S$143.79 million for the third quarter ended Sept 30 as a pick-up in VIP and premium mass business volumes spurred revenue upwards.

Including S$24.91 million apportioned to holders of perpetual securities, the gaming firm posted a 24 per cent rise in net profit to S$168.69 million for the period under review.

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