Genting Singapore Q1 core profit jumps 60% on year


Gaming revenue at its Singapore casino rose 29% to S$671.9mil on the back of higher rolling volume and win percentage in the premium player business

SINGAPORE: Genting Singapore PLC said on Monday its core earnings for the quarter ended March 31 soared 60% year-on-year as gaming income recorded robust gains.

Genting Singapore, controlled by Malaysia's Genting Bhd, said its adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) for the quarter rose to S$400.3mil (US$319.37mil).

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Genting , Singapore , revenue , earnings , Q1

   

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