Genting Malaysia (GenM) reported a net profit of RM350 million for Q4 FY2025, surpassing market expectations. Following this positive news, the company's shares rose 2.1% on Friday, closing at RM3.45.
Genting Malaysia Bhd (GenM) announced its fourth-quarter results for the financial year ended December 31, 2025, on Thursday evening, reporting a net profit of RM350 million, significantly exceeding the market's consensus estimate of RM280 million. This strong performance was primarily attributed to the sustained increase in visitor arrivals at Resorts World Genting and improved operations in its US businesses. Boosted by this positive news, Genting Malaysia's shares rose 7 sen or 2.1% in Friday's trading, closing at RM3.45, with a notable increase in trading volume. Analysts have generally upgraded their earnings forecasts and target prices for GenM, anticipating that the recovery momentum in its leisure and hospitality businesses will continue into 2026. Despite global economic uncertainties, the robust rebound in domestic tourism has contributed significantly to the company's revenue growth.
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