Despite suffering from the pandemic, Genting Singapore managed to stay in the black for the year ended Dec 2020.

From earnings of $688.6 million recorded in FY2019, the casino operator reported a 90% plunge in earnings to just $69.2 million. Revenue in the same period was down 57% y-o-y to $1.06 billion, from $2.48 billion recorded in FY2019.

The company has also cut its dividend to just one cent a share, from 2.5 cents in the year earlier.

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