Genting Berhad reported steady fourth quarter performance for 2025, with revenue rising 1% year on year to RM6.94bn and adjusted EBITDA increasing 5% to RM1.75bn.
Growth was supported by higher contributions from the UK and Egypt operations, stronger non gaming results at Resorts World Sentosa and improved volume from the United States and Bahamas, including the consolidation of Genting Empire Resorts LLC.
The gaming segments at Resorts World Genting and Resorts World Sentosa recorded softer volumes and higher operating expenses. Resorts World Las Vegas saw improvements in high end play and benefited from strong convention activity although average room rates held steady.
Plantation earnings slipped due to lower crude palm oil prices and reduced production. The Power Division recorded lower revenue after outages at the Banten plant in Indonesia and the Oil and Gas Division saw weaker results as global crude prices declined.
Genting posted a fourth quarter loss before taxation of RM111.3m, compared with a RM238.2m profit a year earlier, due to higher impairments, increased depreciation and lower interest income.
For FY2025, revenue was stable at RM27.71bn but EBITDA declined to RM7.99bn from RM8.78bn. Profit before taxation fell to RM2.20bn as a stronger ringgit reduced overseas contributions.
The group said outlook for 2026 will depend on continued tourism recovery and progress across expansion projects in Malaysia, Singapore, the UK and the US, including new developments linked to Resorts World New York City’s full casino licence.
Genting Group’s portfolio spans gaming, plantations, power generation and oil and gas across Malaysia, Singapore, the UK, the US and the Bahamas
