Genting Singapore (SGX:G13) H1 2024 results
Key financial results
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Revenue: S$1.36 billion (up 26% from H1 2023).
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Net profit: S$356.9 million (up 29% from H1 2023).
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Profit margin: 26% (in line with H1 2023).
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Earnings per share: S$0.03 (compared to S$0.023 in H1 2023).
All figures shown in the graph above refer to the last 12 months (TTM)
Genting Singapore Earnings Insights
An average sales growth of 5.0% per annum is expected for the next three years. In the Asian hotel and restaurant industry, however, growth of 12% is forecast.
Development of the market in Singapore.
The company’s shares rose 1.2% compared to the previous week.
Risk analysis
Nevertheless, we must consider the ever-present specter of investment risk. We have identified 1 warning signal with Genting Singapore, and understanding it should be part of your investment process.
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