Genting and Resorts World 2002 profits soar


  • Business
  • Saturday, 01 Mar 2003

Genting Bhd and Resorts World Bhd reported huge increases in profit for 2002 financial year from a year ago, but saw profit in the fourth quarter dragged down by losses from Star Cruises Ltd and write-down of investment and assets. 

Genting's earnings for the year were almost in line with estimates, but the net profit from Resorts World fell short of market expectations. 

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

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!
   

Next In Business News

Industrial projects look increasingly attractive
Dutch Lady’s balancing act amid escalating costs
Demand for co-working space remains resilient
Fed dampens hopes for rate cut
F&N to use cost management measures
Changing office space requirements
Naza makes entry into green economy
CapBay aims to provide financing to more SMEs
New initiative for infrastructure needs in Perak
Ocean Fresh seeks ACE Market listing

Others Also Read