| Genting Berhad, listed on Bursa Malaysia under the stock symbol GENTING, has had a modest increase in stock performance over the last 12 months, rising by about 2.45%. The current stock price is around 4.18 MYR as of October 2024. In terms of financial performance, Genting Berhad reported a revenue of 28.93 billion MYR and a net income of 1.50 billion MYR over the past year. The company’s PE ratio stands at 10.75, and it offers a dividend yield of 3.59%. Despite facing some challenges, such as slower tourism recovery during the pandemic, Genting has benefited from stronger foreign visitations, particularly from Singapore and Indonesia, helping boost its hospitality and entertainment divisions (Stock Analysis) (MarketScreener) (The Star). Genting remains a diversified holding company with operations in leisure, hospitality, plantations, and power, positioning it well for growth as the global economy continues to recover. |
Genting Berhad