Genting Bhd announced robust fourth-quarter results, with net profit surging 45% year-on-year, surpassing market expectations. The sustained recovery in the tourism sector was the primary driver, particularly for its Malaysian and Singaporean operations. Strong visitor numbers and increased spending at its integrated resorts contributed significantly to the positive performance. The company's strategic initiatives to enhance offerings and operational efficiency also played a crucial role in boosting profitability. Analysts are optimistic about its outlook for 2026.
Genting Bhd today announced encouraging financial results for the fourth quarter of fiscal year 2025, with its net profit surging 45% year-on-year to RM450 million, significantly exceeding analysts' consensus estimate of RM380 million. This robust performance was primarily driven by the sustained global tourism recovery, especially for its integrated resort operations in Malaysia and Singapore. Both Genting Malaysia Bhd and Genting Singapore Ltd reported substantial increases in visitor numbers and average spending per customer. Company management stated that they would continue to focus on enhancing customer experience and optimizing operational efficiency to capitalize on tourism growth opportunities. Analysts anticipate that with the full recovery of international travel, Genting Bhd's performance will maintain its growth momentum in 2026, potentially leading to higher dividend payouts.
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