Re: Genting Malaysia
Posted: Sat Dec 01, 2018 8:33 am
vested
Genting Malaysia posts Q3 net loss of RM1.49b on impairments
by Joseph Chin
Source: The Star
https://www.thestar.com.my/business/bus ... 4PQh3lZ.99
Genting Malaysia posts Q3 net loss of RM1.49b on impairments
by Joseph Chin
The RM1.49bil net loss was in contrast with the net profit of RM193.77mil a year ago.
It recorded a 15% growth in total revenue to RM2.598bil from RM2.269bil.
The adjusted earnings before interest, taxation, depreciation and amortisation (EBITDA) increased significantly by 86% to RM814.8mil. However, the group registered loss before tax of RM1,267.1mil.
GentM said the Malaysian leisure and hospitality business recorded higher revenue by 26% to RM1.704bil while adjusted EBITDA improved by 91% to RM641.2mil.
Source: The Star
https://www.thestar.com.my/business/bus ... 4PQh3lZ.99