Stronger Earnings Expected In 2H24 For Genting Malaysia

Genting Malaysia Berhad (GENM) has delivered 2Q24 results that align with expectations, despite facing challenges such as the recent increase in the Sales & Service Tax (SST). The company’s core net profit for the quarter totalled RM106.1 million, reflecting a 12% year-on-year decline and a 56% quarter-on-quarter decrease. This brings the 6-month net profit to…

Stronger Earnings Expected In 2H24 For Genting Malaysia