Genting RWS Support and Resistance Chart

Genting Singapore PLC is a hospitality, gaming and integrated resorts developer and operator. Its current largest development is the Resorts World Sentosa in Singapore, making it one of the only two gaming operators in the city state.

18 Sep 2017

Aug 2016
Revenue dropped by 17% year–on-year to $480.9 million.
Net profit rose over 50% year-on-year to $18.9 million.


Oct 2016
Revenue fell 9% to $581.5 million but costs of sales fell a steeper 18% to $367 million. Revenue from Resorts World Sentosa (RWS) fell 9% to $581.5 million, dragged down by a 10% drop in gaming revenue to $407.4 million and a 6% drop in non-gaming revenue to $173.3 million. RWS' EBITDA rose 14% to $239.4 million.
3Q earnings doubled to $136.6 million from a year ago.


Jan 2017
4Q16 with earnings of $159.2 million from a loss of $7.8 million a year ago, thanks to lower expenses and impairment on trade receivables.
This resulted in a more than tripling of earnings to $266.3 million from the previous year, despite a 7% fall in revenue to $2.2 billion.

Revenue for the quarter grew 2% to $557.7 million from $547.4 million, buoyed by a 7% growth in revenue contributions from the gaming segment to $398.6 million from $374 million in the previous year.
Resorts World Sentosa generated sales of $557.1 million, which is 30% higher compared to a year ago. This was lifted by gaming revenue as a result of higher rolling win percentage in the premium player business and the revised strategy to focus on better margin business, says the group.