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Genting Malaysia posts lower 4Q profit at RM400m

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Genting Malaysia posts lower 4Q profit at RM400m Empty Genting Malaysia posts lower 4Q profit at RM400m

Post by Cals Fri 28 Feb 2014, 01:27

Genting Malaysia posts lower 4Q profit at RM400m
Business & Markets 2014
Written by Ho Wah Foon of theedgemalaysia.com   
Thursday, 27 February 2014 19:39

KUALA LUMPUR (Feb 27): Genting Malaysia Berhad said it posted a net profit of RM400.5 million for the fourth quarter to end-December 2013 (4Q13), down from RM445.7 million in similar quarter a year ago.

Revenue achieved was RM2,120 million in 4Q13, compared to RM1,926 million in the preceding year (4Q12).

Net profit for the full year was higher at RM1.60 billion, up from RM1.40 billion. Revenue increased to RM8.33 billion, from RM7.89 billion.  
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