SINGAPORE (Nov 11): Genting Singapore (GENS) reported earnings of S$158.9 million for 3QFY19 ended September, some 24% lower than S$210.4 million a year ago.
Revenue for the quarter fell 7% to S$596.1 million from S$639.1 million in 3QFY18, which the group attributed mainly to “a confluence of headwinds”.
The revenue decline was spearheaded by an 11% y-o-y drop in revenue contribution from the gaming segment to S$360.8 million. This was also 18% q-o-q lower, compared to a gaming revenue of...(click on link for full story on theedgesingapore.com)