Genting Singapore H2 profit falls 30% to S$155.7 million
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Revenue is at S$1.24 billion for the period, up 5% from S$1.17 billion previously
[SINGAPORE] Genting Singapore on Tuesday (Feb 24) posted a 30 per cent decline in its net profit for the second half of its financial year to S$155.7 million, from S$222 million in the same year-ago period.
Revenue stood at S$1.24 billion for the period, up 5 per cent from S$1.17 billion in H2 FY2024.
A company statement indicated that the board is proposing a final dividend of S$0.02 per share, tax-exempt, subject to approval at the upcoming annual general meeting.
With the interim dividend of S$0.02 per share, total dividends for FY2025 amount to S$0.04 per share, which is the same as FY2024.
Earnings per share for FY2025 also fell to S$0.0323, from S$0.0479 in the previous fiscal year.
Shares of Genting Singapore ended Tuesday flat at S$0.79.
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