Genting Bhd earnings below CIMB Research expectations


KUALA LUMPUR: CIMB Equities Research said Genting Bhd’s (GENT) core net profit of RM1.4bil for the nine-months ended Sept 30, 2014 (9MFY14) was below expectations.

It said on Monday the 9MFY14 net profit was at 62% of its previous full-year and consensus forecasts on poor performance across the board at Genting Malaysia (GENM), Genting Plantations(GENP) and Genting Singapore (GENS).

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Others Also Read