Genting Malaysia (GENM) announced better-than-expected fourth-quarter results, with net profit surging by 30%. Boosted by this news, the company's shares soared 5% today, closing at RM3.15. The robust recovery in the tourism sector was identified as the primary driver behind this impressive financial performance, instilling investor confidence.
On February 5, 2026, Genting Malaysia Bhd (GENM) shares delivered a stellar performance today, surging 5% to close at RM3.15. This came after the company announced better-than-expected fourth-quarter 2025 financial results, with net profit increasing by 30% year-on-year to RM350 million. Revenue also saw double-digit growth, primarily driven by the ongoing recovery in international tourism and strong performance from its resorts, particularly Resorts World Genting and Resorts World New York City. Management expressed optimism for the 2026 outlook, anticipating continued robust tourism demand. This positive news also led to slight gains in other tourism-related stocks. Analysts have generally upgraded GENM's target price, deeming its valuation still attractive.
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