Genting stock rallies as earnings soar at S’pore unit


PETALING JAYA: The Genting group appears to be returning with a bang post-pandemic, going by Genting Singapore Ltd’s first quarter of financial year 2024 (1Q24) results.

The Singapore-listed company, which is 52.5% owned by Genting Bhd, reported 1Q24 net profit of S$247.4mil, up 108.6% quarter-on-quarter and by 91.5% year-on-year (y-o-y).

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