KUALA LUMPUR: Genting Bhd saw a quarter-on-quarter improvement in adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) to RM1.18bil in the fourth quarter of financial year 2020 (FY20) compared with RM1.1bil in the third quarter of FY20, thanks to its leisure and hospitality as well as plantation divisions.
The improvement in EBITDA for the leisure and hospitality division was mainly due to Resorts World Sentosa (RWS) (file pic below) as it rolled out a series of attractive packages and specially curated staycation experiences for customers.