22 Feb '12, 10am

Genting Singapore posts Q4 net profit of $262 million

Genting Singapore posts Q4 net profit of $262 million

Genting Singapore said on Wednesday it swung to a net profit in the fourth quarter, helped by higher earnings from its casino in Singapore. -- ST PHOTO: MUGILAN RAJASEGERAN (REUTERS) - Genting Singapore said on Wednesday it swung to a net profit in the fourth quarter, helped by higher earnings from its casino in Singapore. 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 ...

Full article: http://www.straitstimes.com/BreakingNews/Singapore/Story/...

Tweets

Today's sale item:

Today's sale item:

hanasecret.com 22 Feb '12, 8am

We detected that your JavaScript seem to be disabled. You must have JavaScript enabled in your browser to utilize the func...

LG Optimus Vu Available in Singapore from Q4 2012 - #android #optimus

LG Optimus Vu Available in Singapore from Q4 20...

hardwarezone.com 21 Feb '12, 7am

LG Optimus Vu Available in Singapore from Q4 2012 LG unveils the Optimus Vu. Powered by a 1.5GHz dual-core processor, the ...

LG LTE Phone in Singapore Q4 2012 – Optimus VU #Technology

LG LTE Phone in Singapore Q4 2012 – Optimus VU ...

mhisham.org 21 Feb '12, 4am

Focus on technology, HIV/AIDS Awareness, Dementia and supporting several other social causes. Write mostly about the indep...

Enjoy a COOLING weather without spending much? ...

deal.com.sg 22 Feb '12, 4am

Genting Stay in Deluxe Room at First World Hotel World’s largest First World Hotel Adjoined to First World Plaza, with 500...

Bank report huge profit

tankinlian.blogspot.com 01 Mar '12, 4am

Whenever a bank reports a huge profit, I wonder where the profit comes from. Is it due to the huge interest rate spread, i...

Architelos makes $1 million in first year

domainincite.com 23 Feb '12, 1pm

Architelos makes $1 million in first year Olympics warming to new gTLD bid? ICANN avoids bogus time-zone lawsuit Stricklin...

Catch Olivia Newton-John Live In Genting. DETAILS:

Catch Olivia Newton-John Live In Genting. DETAILS:

budiey.com 21 Feb '12, 8am

Four –times Grammy winner Olivia Newton-John’s voice and talents has captivated the world, placing her among the icons of ...

HSBC says 2011 net profit jumps 28% to US$16.8b

HSBC says 2011 net profit jumps 28% to US$16.8b

channelnewsasia.com 27 Feb '12, 9am

LONDON: Europe's largest bank HSBC announced surging annual net profits of almost $17 billion on Monday as growth in Asia ...

Non-Profit Group Works Towards Greener, Cleaner Mardi Gras

Non-Profit Group Works Towards Greener, Cleaner...

ecorazzi.com 20 Feb '12, 4pm

Non-Profit Group Works Towards Greener, Cleaner Mardi Gras 0 Tweet by Allyson Koerner February 20, 2012 Categories: Causes...