Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Singapore Stock Exchange  >  Genting Singapore Limited    G13   SGXE21576413

GENTING SINGAPORE LIMITED

(G13)
  Report
SummaryChartsNewsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector news

Genting Singapore : Swung to 2Q Loss Due to Covid-19 Closures

08/06/2020 | 07:31am EST

By Ben Otto

Genting Singapore Ltd. swung to a loss as revenue plunged in the second quarter due to the temporary closure of its casinos and attractions during the Covid-19 pandemic.

The casino operator posted a loss after taxes of 163.3 million Singapore dollars ($119.2 million), compared with a profit of S$168.4 million for the same period a year ago, it said in a stock-exchange filing Thursday.

It was the company's worst quarterly performance since the opening of its integrated resorts in Singapore, it said.

Revenue fell 94% on year to S$41.3 million "as a result of the devastating effect" of the coronavirus pandemic, it said.

"For the rest of the year, the group remains pessimistic on the overall financial performance as global travel remains highly restrictive," it said.

 

Write to Ben Otto at ben.otto@wsj.com

 

All news about GENTING SINGAPORE LIMITED
11/15GENTING SINGAPORE : Third-Quarter Net Fell 66% on Covid-19 Impact
DJ
08/06GENTING SINGAPORE : Swung to 2Q Loss Due to Covid-19 Closures
DJ
08/03GENTING SINGAPORE : Singapore's Universal Studios deploys facial recognition for..
RE
07/15Singapore's Resorts World, a major employer, axes jobs as virus batters touri..
RE
07/15Singapore's Resorts World, a major employer, axes jobs as virus batters touri..
RE
07/15Singapore's Resorts World, a major employer, axes jobs as virus batters touri..
RE
06/10GENTING SINGAPORE LIMITED : Ex-dividend day for final dividend
FA
06/01Singapore Exchange to Launch 10 Single Stock Futures Contracts
DJ
04/22SOUTHEAST ASIA STOCKS : Most markets fall as risk-off from oil rout persists
RE
02/25REPL : :Disclosure of Interest/ Changes in Interest of Director/ Chief Executive..
PU
More news
Financials
Sales 2020 1 094 M 818 M 818 M
Net income 2020 -58,8 M -43,9 M -43,9 M
Net cash 2020 2 958 M 2 210 M 2 210 M
P/E ratio 2020 -209x
Yield 2020 2,28%
Capitalization 10 195 M 7 621 M 7 617 M
EV / Sales 2020 6,61x
EV / Sales 2021 4,17x
Nbr of Employees -
Free-Float 47,0%
Chart GENTING SINGAPORE LIMITED
Duration : Period :
Genting Singapore Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends GENTING SINGAPORE LIMITED
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 22
Average target price 0,83 SGD
Last Close Price 0,85 SGD
Spread / Highest target 18,3%
Spread / Average Target -2,01%
Spread / Lowest Target -23,1%
EPS Revisions
Managers
NameTitle
Hee Teck Tan President, COO & Non-Independent Director
Kok Thay Lim Executive Chairman
Shi Ruh Lee Chief Financial Officer
Jonathan Asherson Independent Non-Executive Director
Wah Yeow Tan Independent Director