Genting Singapore H1 profit falls 34% on weaker gaming, room revenue
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Genting Singapore reported a 12 per cent drop in gaming revenue for the first half of 2025.
ST PHOTO: ONG WEE JIN
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SINGAPORE – Resort and casino operator Genting Singapore reported a 34 per cent drop in profit for the first half of 2025 to $234.7 million.
Revenue declined by 10 per cent to $1.2 billion, from $1.4 billion in the previous corresponding period, Genting said in a regulatory filing on Aug 7.
According to its financial statement, the revenue decline was partly driven by a 12 per cent drop in gaming revenue to $839.4 million, and a 19 per cent fall in room revenue to $98.4 million.
Attractions revenue, on the other hand, rose 1.7 per cent to $204.7 million.
Earnings per share stood at 1.94 cents for the first six months, down 1.02 cents from the previous year.
An interim dividend of two cents per share was declared for the half year, unchanged from the year before.
The dividend will be paid on Sept 17.
Shares of Genting Singapore closed at 75.5 cents on Aug 7, up 0.7 per cent, or 0.5 cent, before the results were released after market close. THE BUSINESS TIMES
