The view from the cable car leading to Genting
KUALA LUMPUR: RHB research has cut forecasts for Genting Bhd
as it expects disappointing fourth quarter earnings for Genting Malaysia Bhd while the Wuhan coronavirus outbreak could have a negative effect in subsequent quarters.
The research house expects Genting Malaysia to miss expectations in the final quarter of FY19 due to weaker-than-estimated visitor arrivals during the period with the MIER Consumer Sentiment Index falling to its lowest level in 2Q17.
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