Genting reported net profit of $262 million in October to December, compared to a loss of $150.3 million a year ago. Its net profit for 2011 was $1.01 billion.
Resorts World at Sentosa made $398 million in earnings before interest, tax, depreciation and amortisation (EBITDA) last quarter, up from $384 million a year ago. Fourth-quarter EBITDA was also higher than the $375 million reported in July to September.
Genting had an EBITDA margin of 52 per cent and the firm will pay its first dividend of one Singapore cent per share, Genting said in a statement on Wednesday.
No comments:
Post a Comment