Genting Bhd earnings below CIMB Research expectations


KUALA LUMPUR: CIMB Equities Research said Genting Bhd’s (GENT) core net profit of RM1.4bil for the nine-months ended Sept 30, 2014 (9MFY14) was below expectations.

It said on Monday the 9MFY14 net profit was at 62% of its previous full-year and consensus forecasts on poor performance across the board at Genting Malaysia (GENM), Genting Plantations(GENP) and Genting Singapore (GENS).

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