Genting group sees strong improvement in Q3 on business resumption


Consequently, the gaming conglomerate’s adjusted earnings before interest, tax, depreciation and amortisation (Ebitda) rose to RM1.1bil for Q3, compared with an adjusted loss before interest, tax, depreciation and amortisation (LBITDA) of RM578.7mil in Q2.

PETALING JAYA: Genting Bhd saw its revenue improve to RM3.3bil for the third quarter ended Sept 30,2020 (Q3), compared with RM1.11bil in the second quarter of the year.

Consequently, the gaming conglomerate’s adjusted earnings before interest, tax, depreciation and amortisation (Ebitda) rose to RM1.1bil for Q3, compared with an adjusted loss before interest, tax, depreciation and amortisation (LBITDA) of RM578.7mil in Q2.

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