Genting Malaysia to regain revenue by 2Q next year

UOB Kay Hian Research (UOBKH) remains confident in GeNM’s ability to regain most of its pre-movement control order (MCO) revenue by the second quarter of 2021 when its outdoor theme park opens.

PETALING JAYA: The reopening of Resorts World Genting (RWG) last week will sustain Genting Malaysia Bhd’s (GeNM) present valuations, despite a deliberate slow ramp-up.

UOB Kay Hian Malaysia Research remains confident in GeNM’s ability to regain most of its pre-movement control order (MCO) revenue by the second quarter of 2021 when its outdoor theme park opens.