Tag Archives: Genting Bhd
- Genting BHD net profit grows more than threefold in Q1
May 30, 2017
Malaysia-based Genting BHD’s net profit leapfrogged at the start of 2017, driven by its hospitality, leisure, and plantation activities. The holding company announced that its net profit grew more than threefold or 361 percent to RM603.1 million (US$140.78 million) in the first quarter ended March 31 from RM130.8 million ($30.53...
- Genting BHD 2016 earnings jumped 125 percent
February 24, 2017
Malaysia-based Genting BHD’s 2016 earnings soared by 125 percent, thanks to a one-off gain in the fourth quarter from the disposal of the group’s investment in Genting Hong Kong Ltd. genting-bhd-2016-earnings-jumped-125-percentThe Malaysian casino operator announced in its filing with Bursa Malaysia on Thursday that its full-year profit in 2016 leap-frogged...
- New tax, low gambling spenders dampen Genting Malaysia’s Q1 revenue
May 26, 2016
New taxes and lower spending from high-rollers in Malaysia have sent Genting BHD’s 2016 first quarter profit crashing by 79 percent year-on-year. Despite achieving an overall high volume of business, Genting BHD said in a disclosure to the Bursa Malaysia on Tuesday that its profit dropped from RM620.1million ($152 million)...
- Travellers International remains bullish on PH gaming market
January 12, 2015
Travellers International Holdings Inc, the joint venture controlled by Genting Bhd and the Philippines’ Alliance Global Group, remains confident that the Philippines will continue to see robust returns, even as Macau continues its tailspin amidst China’s crackdown against corruption. In an interview last week, Alliance Global Chairman Andrew Tan spoke...
- Genting HK posts $180M profit in 1H 2014; Genting Bhd interested in Spain casino license; plans to add more VIP rooms in Malaysia
July 28, 2014
Genting Hong Kong Ltd projects $180 million in net profit for the first half of the year, a dramatic increase from its net profit of $23 million a year ago. The Hong Kong subsidiary of Genting BHD said in its filing that its disposal of 3.7 percent of shares in...
- Genting Shaking Off Assets in Both Malaysia and the UK
March 5, 2013
Genting Bhd made a leap of Mike Powell proportions when it submitted (4QFY12) reports of a net profit of RM2.48 billion ($802 million) on revenue of RM4.49 billion. That is a mind boggling 220% higher than the (3QFY12) results that showed a net profit of RM772.91 million. Yet despite the...
Fedor Holz On Why His Future Will be Away From Poker
July 18, 2016
European Poker Tour London Day 3: Martin Kozlov Leads The Final 45
October 10, 2013