$GENTING SINGAPORE LIMITED(G13

2022-11-11

$GENTING SINGAPORE LIMITED(G13.SI)$ Genting Singapore Q3 net profit more than doubles to S$135.8 million as travel recovery continues

GENTING Singapore reported on Thursday (Nov 10) a more than 100 per cent increase in net profit for its third quarter, on the back of stronger gaming and non-gaming revenue.

Net profit for the three months ended Sep 30, 2022, rose to S$135.8 million from S$60.7 million in the same period a year ago, the operator of Resorts World Sentosa (RWS) said in a business update filed to the Singapore Exchange.

The Q3 net profit was also significantly higher than the S$44.1 million net profit posted in the second quarter of FY2022.

Genting Singapore’s stronger profits come on the back of improved revenue, as recovery from the impact of Covid-19 restrictions continued. Revenue for the group more than doubled on-year to S$519.7 million in Q3 FY2022. It was also 49 per cent higher than the S$348.6 million posted in Q2.

Extracted from business times

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Comments

Ronronron
2022-11-11
Ronronron
Buyer will be coming back
JonLucky
2022-11-11
JonLucky
gamble paying off
什么是快乐星球 x2
2022-11-14
什么是快乐星球 x2
yamatieeeeee
Ahi
2022-11-13
Ahi
👍
Xueni1228
2022-11-12
Xueni1228
Good
NANAHO
2022-11-12
NANAHO
😀

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Net profit for the three months ended Sep 30, 2022, rose to S$135.8 million from S$60.7 million in the same period a year ago, the operator of Resorts World Sentosa (RWS) said in a business update filed to the Singapore Exchange. The Q3 net profit was also significantly higher than the S$44.1 million net profit posted in the second quarter of FY2022. Genting Singapore’s stronger profits come on the back of improved revenue, as recovery from the impact of Covid-19 restrictions continued. Revenue for the group more than doubled on-year to S$519.7 million in Q3 FY2022. It was also 49 per cent higher than the S$348.6 million posted in Q2. 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