Genting

[SINGAPORE] Shares of Genting Singapore closed up 6.4 per cent at S$0.665 on Friday (Aug 14), despite the profit decline of 33.5 per cent for the first half of the year that was reported on Thursday.

Earnings have been affected by higher depreciation, lower interest income and asset refresh works

Casinos and office Reits shine, but hype, energy shocks and trade tensions will dictate winners and losers

It’s hard not to compare RWS with its high-flying rival MBS, even though they target different market segments

DBS Group Research suggests a ‘comprehensive rethink’ of the company’s operational strategy

DBS Group Research downgrades stock to ‘hold’ with a S$0.67 target price

Ongoing conflict in the Middle East and current geopolitical developments have raised cost pressures

The total value of stock buys that month lifts Q1 FY2026’s total retail net buying in local stocks to S$675 million

The earnings adds to a list of public disclosures on the effects of a crackdown on resource companies in Indonesia