Genting Bhd. (GENT), which controls Asia’s second-biggest casino operator by market value, said second- quarter profit fell 21 percent after reporting lower earnings at its Singapore gaming resort.
Net income for the three months ended June 30 dropped to 534.5 million ringgit ($171 million), or 14.4 sen a share, from 673.2 million ringgit, or 18.1 sen, a year earlier, the company said in a filing to the Kuala Lumpur stock exchange yesterday. Revenue was little changed at 4.5 billion ringgit. Full story
