Is Genting Singapore still a good bet?
The company’s H1 2025 financial performance was disrupted by the temporary closure of some attractions at Resorts World Sentosa
[SINGAPORE] This column predicted late last year that Genting Singapore’s profitability will improve in 2025, and drive a recovery in its beaten down share price.
So far, it has turned out to be a rather poor bet.
Genting Singapore’s shares have chalked up a total return of less than 0.1 per cent since the beginning this year (up to Aug 8). This made it the sixth worst-performing component of the Straits Times Index, which delivered a total return of more than 15.5 per cent.
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