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Genting Singapore posts 35% increase in 3Q earnings to $143.8 mil

Samantha Chiew
Samantha Chiew11/6/2017 05:28 PM GMT+08  • 2 min read
Genting Singapore posts 35% increase in 3Q earnings to $143.8 mil
SINGAPORE (Nov 6): Genting Singapore announced that 3Q17 earnings increased 35% to $143.8 million from $106.9 million in 3Q16.
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SINGAPORE (Nov 6): Genting Singapore announced that 3Q17 earnings increased 35% to $143.8 million from $106.9 million in 3Q16.

In the third quarter ended September, the group’s revenue saw an increase of 8% to $629.9 million compared to $581.5 million a year ago, supported by a stronger VIP and premium mass business volume.

The attractions business performed well with higher average visitor spend and a 5% growth in the daily average visitorship that exceeded 21,000. Hotel business registered a solid average occupancy rate of 93%.

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