Genting Hong Kong, which has been on an expansion spree in the cruise business, has three brands under its portfolio, namely, the Star Cruises, its premium Dream Cruises and the
PETALING JAYA: Cruise and resort operator Genting Hong Kong Ltd’s share price tumbled after the company warned of a higher net loss ranging from US$200mil (RM856mil) to US$220mil (RM942mil) for the six months to June 30, 2017.
The company’s share closed 6.8% lower at US$0.275 yesterday – the lowest since last October. The company, controlled by Tan Sri Lim Kok Thay and family, saw a net loss of US$73.7mil for the six months ended June 30, 2016.
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