Earnings recovery likely for gaming next year


UOB Kay Hian's top picks are Genting Malaysia Bhd (GenM), followed by Genting Bhd, Magnum Bhd and Berjaya Sports Toto Bhd.

PETALING JAYA: The gaming sector in Malaysia is expected to see earnings recovery and business normalisation in 2022, on anticipation that the economy will reopen as the pandemic eases.

Although the extension of the full lockdown has dampened investor sentiment, the still-attractive dividend yield of the sector is expected to limit its downside.

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Gaming , earnings , recovery , next year , Genting , Toto , Berjaya , Magnum ,

   

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