Genting Bhd announced better-than-expected fourth-quarter results, with net profit surging 25% year-on-year, primarily driven by the recovery in the tourism sector. This positive news propelled the company's share price up by 3.1% today, indicating strong investor confidence.
Genting Bhd today announced its unaudited results for the fourth quarter ended December 31, 2025, reporting a net profit surge of 25% year-on-year to RM480 million, exceeding market expectations. Revenue grew 18% to RM7.2 billion, primarily driven by the robust recovery in its leisure and hospitality operations in Malaysia and internationally. The company attributed the strong performance to sustained tourism recovery and effective cost management initiatives. Following this positive announcement, Genting's share price climbed 3.1% to close at RM4.35. Analysts have largely revised upwards their earnings forecasts and target prices for the conglomerate.
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