Analysts are optimistic about Genting Malaysia's FY2025 earnings outlook, expecting strong benefits from the robust recovery in international tourism. Its share price rose 0.7% to RM3.05 today, reflecting market confidence.
Analysts are maintaining an optimistic outlook on Genting Malaysia Bhd's earnings for the financial year 2025, anticipating significant boosts from the continued robust recovery in international tourism. Today, Genting Malaysia's share price rose 0.7% to RM3.05 per share. With the resumption of more international flights and relaxed visa policies, the number of visitors to Genting Highlands is expected to increase substantially. Furthermore, its overseas operations, particularly casinos in New York and the UK, are also showing steady signs of recovery. Despite potential upward pressure on operating costs, analysts believe that strong visitor traffic and higher spending per visitor will offset these impacts. Several research houses have upgraded Genting Malaysia's earnings forecasts and target prices, recommending a 'buy' rating.
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