Genting Malaysia's FY21 net loss narrows to RM946.83mil


KUALA LUMPUR: Genting Malaysia Bhd’s net loss was reduced to RM946.83 million for the year ended Dec 31, 2021 (FY2021) from RM2.26 billion for FY2020.

Revenue slipped to RM4.16 billion versus RM4.53 billion the year before, due to lower revenue from the leisure and hospitality business in Malaysia by RM1,616.8 million or 52 per cent.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Genting Malaysia , gaming , dividend , leisure

Next In Business News

Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
Singapore’s financial sector a big winner
Smart city can’t beat the traffic
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming
US LNG exporters lead in gas use

Others Also Read