Resorts World posts RM275m profit in Q1


PETALING JAYA: Resorts World Bhd made a net profit of RM275mil in the first quarter ended March 31, down 7% from RM297mil in the previous corresponding period despite 8% growth in revenue to RM1.18bil.

The weaker profit was due to impairment of its investment in Star Cruises Ltd amounting to RM30mil.

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