Genting Singapore’s earnings fall short amid poor luck factor

August 16, 2022

Categories: Market PriceTags: , , , Views: 9

Trending News 🌥️

Genting Singapore($SGX:G13)’s earnings have come under pressure in recent months due to a number of factors, including a run of bad luck. Core profit for the first half of financial year 2022 fell by three per cent, weighed down by a number of one-off items. Despite this, the company remains confident in its long-term prospects. It is continuing to invest heavily in its integrated resort, Resorts World Sentosa, and is confident that this will continue to drive growth in the years ahead. The short-term challenges facing Genting Singapore are significant, but the company’s strong fundamentals mean that it is well placed to weather them.

Market Reaction

Genting Singapore’s earnings for the quarter were below expectations due to a number of factors, including poor luck. Despite this, the company’s stock opened at $0.8 on Monday and closed at the same price. Media coverage of the company has been mostly positive so far.

VI Analysis

A company’s fundamentals are a reflection of its long term potential. The following analysis of Genting Singapore is made simple by the VI app. Based on the VI Risk Rating, Genting Singapore is a low risk investment in terms of financial and business aspects. However, there are potential risks in the business and financial areas that investors should be aware of.


Despite the disappointing earnings, some analysts remain bullish on Genting Singapore. They point to the company’s strong fundamentals, including its diversified portfolio of businesses and its strong balance sheet. They also believe that the company’s luck will eventually turn around.

Recent Posts

Leave a Comment