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Photo from Resorts World Sentosa

Genting Singapore’s net profit jumps 59% YoY to $216.3m in 3Q23

The company attributed the increase to higher revenue for the quarter.

Genting Singapore recorded a net profit of $216.3m in 3Q23, a 59% jump from 3Q22.

In the same period, the company saw a 33% YoY growth in its revenue to reach $689.9m.

Meanwhile, the company announced a $6.8m investment in Resorts World Sentosa (RWS) to anchor the integrated resorts as the “most sought-after tourism destination in Asia.”

The investment will be funded through internal resources.
 

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