Higher revenue: A file picture showing Genting Singapore’s Resorts World Sentosa casino and hotel. Genting Bhd said Resorts World Sentosa recorded higher revenue and ebitda in the current quarter.
PETALING JAYA: Genting Bhd
’s net profit for its first quarter to end March was down 9.8% to RM602.7mil due to one-off gains recorded during the same quarter a year ago.
The group’s profit in the previous corresponding quarter had included a gain of RM302.2mil recognised from the completion of its disposal of Genting Singapore PLC Group’s 50% interest in its associate, Landing Jeju Development Co Ltd, as well as a gain of RM85.8mil on the disposal of available-for-sale financial assets.
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