Genting’s quarterly showing improves

Quick Summary:

Genting Bhd’s performance for the remainder of the 2024 financial year (FY24) may be influenced by factors such as global economic growth, geopolitical risks and macroeconomic movements.

However, a lower Ebitda was recorded primarily due to the higher operating expenses in 2Q24.

Ebitda increased mainly from higher revenue, though this was partially offset by rising operating and payroll expenses.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaBahamasSingaporeUnited States

Topics: TourismRecovery FinancialResults /Business/Business News Corporate News GamingIndustry Dividend Genting HospitalityGrowth GlobalEconomy

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-30 @ 00:00:00 (2 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 575 words

Reading Time: 4 minutes read

Sentences: 23 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 22301100

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Main Topics: EconomyBusiness

Official Website: thestar.com.my

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 1 days ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Publisher ID: #22

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