Tag Archives: Genting Berhad
- Genting BHD chalks strong Q2 earnings
August 25, 2017
A disposal of available-for-sale financial assets has boosted Genting BHD’s net profit for the second quarter of the year by as much as 57 percent, the company reported. In a regulatory filing, Malaysian conglomerate Genting BHD announced that its April to June 2017 net profit expanded to RM456.33 million (US$106.81...
- Asian casino business given further boost
January 30, 2012
Casino business stocks in the gambling industry’s largest market have been given a significant boost by an investment manager. Andrew Graham, manager of Martin Currie Pacific Trust, identified the region’s industry as the best way to get into Asia’s attractive consumer market. The report, published on Investment Week, picks out...
- Galaxy Entertainment profit falls 20% but Macau expects boffo August
August 31, 2011
Genting Bhd. reported a 9% drop in Q2 profit, in part based on high rollers getting luckier than usual at Genting Singapore’s Resorts World Sentosa. Profits were also down at Genting’s UK casino division. The Malaysian company, which controls Asia’s second largest casino outfit by market value, is hoping VIPs...
- Genting Berhad bringing jobs and Asian style resorts to South beach
June 21, 2011
Malaysia-based Genting Berhad, one of the world's largest international casino operators, has made plans to continue to boost its presence in the US gaming market with the purchase of a waterfront property in Miami. Genting Malaysia Berhad flexed their capital muscle last month when they announced that the company was...