Thursday, May 31, 2012

Why GENTING MALAYSIA Net Profit DOWN 35%

GENTING MALAYSIA BERHAD ( GENM )
- First Quarter ended 31/03/2012
- Announcement date 30/05/2012

Genting Malaysia's net profit was down more than 35% for 1Q, it was mainly due to its development of Resorts World Casino New York City (PRWCNYC) and lower revenue from its leisure and hospitality business in Malaysia.

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