Genting Malaysia Bhd reported stronger-than-expected quarterly earnings, with net profit surging 45% year-on-year. This was primarily driven by the ongoing recovery in international tourism and robust performance across its resorts.
Genting Malaysia Bhd today announced its financial results for the fourth quarter ended December 31, 2025, reporting a net profit of RM285 million, a significant 45% increase from RM196 million in the same period last year. Revenue also saw an 18% year-on-year growth, reaching RM2.73 billion. This impressive performance is largely attributed to the full reopening of international borders, leading to a substantial increase in visitor numbers and spending at its Resorts World Genting and Resorts World New York City properties. The company's management expressed optimism for the business outlook in 2026, anticipating continued growth momentum in the global tourism sector. Analysts have generally upgraded their earnings forecasts and target prices for Genting Malaysia, recognizing it as a direct beneficiary of the tourism recovery.
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