Billionaire Lim Kok Thay’s Genting Singapore Profit Doubles Amid Post-Pandemic Travel Rebound

Genting Singapore—controlled Malaysian billionaire Lim Kok Thay—said Thursday its profit more than doubled in the third quarter amid a post-pandemic travel rebound as international events including the Formula One Grand Prix came back in full swing following a two-year hiatus.

Net profit climbed to S$135.8 million ($98 million) in the three months to September from S$60.7 million a year ago, Genting said in its quarterly update. Gaming revenue jumped 96% to S$382 million, while sales at Resorts World Sentosa (RWS) integrated casino resort and theme park more than doubled to S$137 million, it added

“The overall improvement in RWS’ operating performance reflects the ongoing recovery of

→ Continue reading at Forbes

[ufc-fb-comments url=""]

Latest Articles

Related Articles