Genting Malaysia Bhd (GENM) announced better-than-expected quarterly results, driven by a robust recovery in international tourism and increased local visitors. Its shares surged 3.5%, reflecting investor confidence in the leisure and hospitality sector's ongoing rebound and improved operational efficiency.
On February 5, 2026, Genting Malaysia Bhd (GENM) today announced its latest quarterly results, surpassing market expectations and demonstrating a significant improvement in profitability. This robust performance was primarily driven by the ongoing recovery in international tourism and an increase in local visitor numbers, particularly at its resorts in Malaysia and New York. Consequently, the company's shares surged 3.5% to RM2.95. Management attributed the success to optimized operational efficiency and the introduction of new attractions, which have effectively drawn more visitors. Analysts are optimistic about Genting Malaysia's future prospects, anticipating continued growth momentum amidst a full recovery of the global tourism industry. The upcoming Lunar New Year holiday is expected to further boost its business performance.
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