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Genting Singapore tops list; plantation companies' ROE remains high

Samantha Chiew
Samantha Chiew9/13/2019 5:0 AM GMT+08  • 5 min read
Genting Singapore tops list; plantation companies' ROE remains high
SINGAPORE (Sept 16): Genting Singapore, operator of Resorts World Sentosa (RWS), has emerged the winner of the agriculture, hotels and restaurants sector. Companies in these three industries have been combined into a single sector, as there are not enough
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SINGAPORE (Sept 16): Genting Singapore, operator of Resorts World Sentosa (RWS), has emerged the winner of the agriculture, hotels and restaurants sector. Companies in these three industries have been combined into a single sector, as there are not enough companies in each sector for a proper ranking. Although the businesses in each sector are different — which makes them difficult to compare — it is still possible to draw some conclusions about how they have been performing over three years.

This is the first year that the BDC is taking into account the companies’ environmental, social and governance initiatives, in addition to its financial performance over the past three years. The ESG score is based on the iEdge ESG Transparency Index of the Singapore Exchange.

Genting Singapore’s ranking was boosted by its scoring the highest in the three-year growth profit after tax category, and the highest in the ESG Transparency Index. The group recorded earnings of $193.1 million for FY2015, which then steadily increased to $384.5 million in FY2016, $685.6 million in FY2017 and $755.4 million in FY2018. Its three-year share price return as well as return on equity (ROE) were strong too, sealing its position at the top.

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