Genting Malaysia Bhd (GENM) announced better-than-expected fourth-quarter results, with net profit surging 45% year-on-year, primarily driven by the robust recovery in the tourism and leisure sectors. The company's shares reacted positively, climbing 3.2% to RM3.20 following the announcement. Analysts are optimistic about GENM's outlook, citing increased visitor arrivals and improved operational efficiency across its resorts.
Genting Malaysia Bhd (GENM) announced encouraging fourth-quarter results for its financial year 2025 on Friday, reporting a substantial 45% year-on-year increase in net profit, significantly surpassing market expectations. This robust performance was primarily attributed to the ongoing global recovery in the tourism sector and marked improvements in its leisure and hospitality operations across Malaysia, the United States, and the United Kingdom. The company's revenue also saw a healthy 20% year-on-year growth. Following this positive news, Genting Malaysia's share price surged 3.2% in midday trading, closing at RM3.20. Analysts are generally optimistic about GENM's future outlook, anticipating continued earnings growth driven by further increases in international visitor arrivals and enhanced operational efficiencies. This strong performance also sends a positive signal to the broader tourism and leisure sector.
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