KUALA LUMPUR: Genting Bhd
’s net profit fell 20.2% to RM372.06mil in the three months to June 30, from RM466.2mil a year ago, mainly due to lower earnings before interest, taxes, depreciation and amortisation (EBITDA) recorded by the leisure and hospitality business in Malaysia, the United Kingdom, the United States and Bahamas.
Genting’s revenue for the second quarter rose to RM4.4bil, up 2% against RM4.31bil in the previous year’s corresponding quarter. Earnings per share stood at 10.01 sen against 12.62 sen a year earlier.
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