Genting Malaysia reported a significant surge in its fourth-quarter net profit, reaching RM320 million, surpassing market expectations. The strong performance was attributed to the sustained recovery in the tourism sector and increased visitor arrivals at its resorts.
Genting Malaysia Bhd (GENM) on Thursday announced impressive financial results for the fourth quarter of 2025, reporting a net profit of RM320 million, significantly exceeding market consensus of RM250 million. This robust performance was primarily driven by the ongoing recovery in international tourism, particularly a notable increase in visitor arrivals at its Malaysian and US operations. The company's revenue surged by 25% year-on-year to RM2.85 billion. Management expressed optimism for continued growth in visitor numbers throughout 2026 as global travel restrictions further ease, which is expected to further boost the company's profitability. GENM's share price rose 3.5% to RM2.95 following the earnings announcement, indicating positive market sentiment towards its future prospects.
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