On March 10, 2026, Genting Bhd announced stronger-than-expected fourth-quarter results, with net profit surging 25%, driving its share price up by 2.1%.
On March 10, 2026, Genting Bhd's share price rose 2.1% to close at RM4.90, following the announcement of its stronger-than-expected fourth-quarter 2025 results. The report showed that the company's net profit surged by 25% year-on-year to RM55 million, driven by the continued recovery of the tourism sector and robust performance from its global leisure and hospitality operations. Revenue also saw a 15% increase. Analysts expressed optimism about Genting's performance, noting positive trends across its operations in Malaysia, Singapore, and the US. Company management stated that they anticipate the tourism sector to maintain its growth momentum in 2026 and plan further investments in upgrading existing assets and developing new projects. This positive earnings report brought a glimmer of warmth to the market, especially amidst cautious overall sentiment.
Share: