Genting profit may be affected by S’pore arm

Gaming segment: Genting Singapore, which operates Resorts World Sentosa, is likely to achieve a stronger and cleaner balance sheet towards the second half of next year. — Reuters

PETALING JAYA: Genting Bhd, which has a 52.7% stake in Genting Singapore (GENS) will no doubt be negatively impacted by the latter’s weak quarterly results.

It is estimated that GENS will contribute about 40% to Genting group’s earnings for the financial year ending Dec 31, 2015 and 2016.