Genting Hong Kong Limited provided earnings guidance for the full year ending December 31, 2019 and six months ending June 30, 2020. For the full year of 2019, the company expects to record a consolidated net loss in the range of USD 140 million to USD 170 million for the year ended 31 December 2019, as compared to a consolidated net loss of USD 224 million, excluding the share of results of Travellers, for the year ended 31 December 2018. Such expected improvement in the consolidated net loss of the Group is mainly attributable to a number of factors including: Growth in Cruise segment revenue and Cruise EBITDA, especially that of Genting Dream in Singapore; Shipbuilding segment results improved with 50% completion of Global Dream and 68% completion of the 20,000 gross ton Crystal Endeavor; Growth in Group EBITDA by almost 100% from USD 72 million to a range of USD 130 million to USD 150 million for the year ended 31 December 2019.

For the six months of 2020, the company anticipates that the unaudited consolidated net loss of the Group, excluding the share of results of associates and joint ventures and other non-operating items, for the six months ending 30 June 2020 will be much higher than the corresponding period in 2019. The expected increase in the unaudited consolidated net loss of the Group for the six months ending 30 June 2020 is mainly due to the coronavirus Covid-19 outbreak, which has resulted in widespread travel advisories and temporary closure of cruise ports.