Genting posts stronger Q4 revenue of RM4.84bil

Meanwhile, the plantation division’s revenue and Ebitda increased in Q4’21 as palm product prices strengthened against Q4’20, mitigated by lower fresh fruit bunches production.

PETALING JAYA: Genting Bhd saw stronger revenue for the fourth quarter ended Dec 31, 2021 (Q4’21) at RM4.84bil compared with RM3.05bil a year earlier due to improvements at its leisure and hospitality, plantation and property divisions.

For the quarter under review, the group reported a pre-tax profit of RM301.5mil compared with RM291.8mil in Q4’20 on higher earnings before interest, taxes, depreciation and amortisation (Ebitda) and net gain on disposal of subsidiaries by Genting Malaysia Bhd (GENM).