Genting SP: 4Q17 Net Profit Down 17% To S$132.8 Million, Up Final Dividend To S$0.02.

23 Feb 2018 17:09

For the fourth quarter of 2017, the Group saw a 4% year-on-year increase in revenue underpinned by the stronger underlying performance of the leisure and hospitality segment as a result of higher business volume. The daily average visitation for the Group's major attraction offerings, Universal Studios Singapore, the S.E.A. Aquarium and Adventure Cove Waterpark, enjoyed growth in a range from 6% to 9%. Hotel business maintained a high occupancy rate of 91%. The Group recorded a 9% year-on-year increase in its adjusted EBITDA of $255.1 million and registered a net profit after tax of $134.0 million for the three months ended 31 December 2017...

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