首页 社会内容详情
usdt支付对接(www.trc20.vip):Resorts conglomerate expected to recover

usdt支付对接(www.trc20.vip):Resorts conglomerate expected to recover

分类:社会

网址:

SEO查询: 爱站网 站长工具

点击直达

usdt支付对接(www.trc20.vip)是使用TRC-20协议的usdt支付对接平台,Usdt收款平台、Usdt自动充提平台。免费提供入金通道、Usdt钱包支付接口、Usdt自动充值接口、Usdt寄售回收。菜宝Usdt钱包一键生成Usdt钱包、一键调用API接口、一键出售Usdt。

Resorts conglomerate expected to recover

PETALING JAYA: Following weaker-than-expected earnings from its Singapore subsidiary, parent-company, Genting Bhd’s earnings estimate for financial years 2022-2023 may come in lower now. In the first half of FY22 (1H22) core net profit of Genting Singapore Ltd fell 3% year-on-year to to S$108.7mil (RM352.6mil).

This, according to Kenanga Research, made up 32% of consensus’ FY22 forecast, owing to “weaker luck factor”.

To account for this, Kenanga Research has cut Genting’s FY22 and FY23 earnings forecasts, by 7% and 5%.

“Despite international borders reopening, international tourism visitorship remained weak in 1H22 but should recover further from here.

“For now, we keep our ‘outperform’ call on Genting unchanged, pending its 2Q22 results later this month-end,” said Kenanga Research in a report. It has a RM5.86 target price for Genting.

The research firm expects a better 2H22 as Genting Singapore is likely to experience growing volume after a slow start in April and May.

“The company is still cautiously optimistic of a recovery trajectory in view of the border reopening as more travellers return to the island state which should augur well for Genting Singapore,” it added.

,

澳洲幸运5是官方彩吗www.a55555.net)?澳洲幸运5是澳洲幸运5彩票官方网站,开放澳洲幸运5彩票会员开户、澳洲幸运5彩票代理开户、澳洲幸运5彩票线上投注、澳洲幸运5实时开奖等服务的平台。

,

Meanwhile, it noted that the expansion of Resorts World Sentosa (RWS 2.0), in which Genting Singapore has invested S$400mil (RM1.3bil) in 2022, is progressing well.

“It has done the groundbreaking for Minion Land in May 2022, which is part of the Universal Studios of RWS 2.0, together with the refurbishment works for the theme park and three of its hotels, getting ready for the borders reopening,” said Kenanga Research.

Hong Leong Investment Bank (HLIB) Research said Genting Singapore’s RWS’ gross gaming revenue market share for 1H22 was only 35% versus 65% for competitor Marina Bay Sands.

“Management shared that they plan to hire an additional 1,600 workers by the end of the year, adding circa 32% to the current workforce of about 5,000 workers.

“The recruitment is making good progress over the past several weeks and management believes they are on track in achieving their hiring target,” the research firm noted.

HLIB Research has cut Genting Singapore’s earnings forecasts for FY22 and 23 by 14.2% and 7.2% to factor in the results shortfall for the quarter as well as lower operating capacity assumptions.

However, the research firm believes that the group should see gradual sequential improvements going forward.


转载说明:本文转载自Sunbet。
  • 皇冠会员登录线路(www.hg108.vip) @回复Ta

    2022-09-11 00:21:30 

    At least 20% of developing Asia's population were either extremely or moderately poor in 2021. This proportion could be halved by 2030 if governments focus on resilience, innovation, and inclusiveness to provide more balanced economic opportunities and greater social mobility, the ADB said.太有心意了

发布评论