Tag Archives: Genting Malaizija
Malaysia – Revenues plunge by 57 per cent at Genting Malaysia
Genting Malaysia saw its fourth quarter revenue fall by 57 per cent to RM1,041.1m although it achieved positive adjusted EBITDA in FY20 despite ‘unprecedented challenges, anchored by the Malaysian operations.’ EBITDA came in at RM170.4m for Q4 despite the leisure and hospitality business operating at a reduced capacity amid the prevalence of the Coronavirus Disease…
Malaysia – Genting warns of further impact on full year earnings
Increases in COVID-19 infections will hamper Genting Malaysia’s fourth quarter revenue in Malaysia, the UK and the US after a recovery of sorts and a narrowing of losses in the three months to September 30. Local demand at its flagship Resorts World Genting in Malaysia helped drive revenue of RM1,416.9m, representing 54 per cent of…
JAV – „Genting Malaizija“ investuos 150 mln. USD, kad „Resorts World Catskills“ vėl pradėtų veikti
„Genting Malaysia“ įneš 150 mln. JAV dolerių į savo neseniai įsigytą Šiaurės Amerikos operatorių „Empire Resorts“, kurie bus naudojami „Resorts World Catskills“ (RWC) Niujorke veiklai atnaujinti ir trumpalaikiams skoliniams įsipareigojimams vykdyti. Genting Malaysia, kuriai priklauso 49 „Empire“ akcijos, sakė: „Nuosavybės injekcija bus finansuojama iš viduje sukurtų…
JAV – Gentingas padidina susidomėjimą Empire kurortais, nepaisant gandų apie bankrotą
Genting Malaysia pareiškė, kad ji nebuvo atbaidyta nuo galimo Empire Resorts Resorts World Catskills perėmimo, nes buvo pranešta, kad ji atsidūrė ant bankroto slenksčio. Naujienos iš valstijų rodo, kad „Empire“ paskelbs bankrotą, jei negalės restruktūrizuoti skolinimo sutarčių dėl daugiau nei 400 mln. USD skolos. Genting Malaizija…
Greece – Caesars and Genting rumoured to have run out of patience in Greece
Interest in operating the future casino at the former Hellenikon International Airport in Athens is reportedly subsiding for Caesars Entertainment and Genting Malaysia due to the continual delays to the project. Caesars is of course consumed by a $17.3bn takeover deal by Eldorado Resorts whose CEO Tom Reeg recently said that international expansion would have…
Malaizija – nerimą keliantys Gentingo Malaizijos metai baigėsi pirmąja pralaimėjimu nuo 2000 m
With the cost of a failed partnership in Massachusetts coupled with falling revenues in Malaysia, the US, Bahamas, UK and Egypt weighing heavily on Genting Malaysia’s financial year, it was left to tax wrote-backs in Malaysia to save the operator’s year. It was the first time the mountain operator had posted a loss since 2000….
Malaysia – New attractions paying off as profit doubles for Genting Malaysia
Genting Malaysia has more than doubled its net profits this quarter, aided by visitations to Resorts World Genting (RWG) which saw revenue grow by 18 per cent. The Group’s second quarter total revenue increased by six per cent to RM2,422.1m while adjusted earnings before interest, taxation, depreciation and amortisation (EBITDA) grew by 31 per cent…
Malaysia – Genting Malaysia doubles its net profit in the first quarter
Genting Malaysia has seen its net profits more than double the first quarter of 2017 with revenues of RM2,223.8m. The Malaysian leisure and hospitality business recorded higher revenue in 1Q17 mainly contributed by a better hold percentage for the mid to premium segment of the business even though business volumes were lower. Whilst the Genting…
