BusinessWeek, 26 May 2011May 26 (Bloomberg) -- Genting Bhd., Asia’s third-biggest casino operator by market value, said that first-quarter profit more than trebled, bolstered by higher takings at its Singapore gambling resort and Malaysian plantations business.
Net income for the three months ended March 31 jumped 255 percent to 824.2 million ringgit ($271 million), or 22.14 sen a share, from 232.4 million, or 6.29 sen, a year earlier, the company said in a filing to the Kuala Lumpur stock exchange today. Revenue climbed 57 percent to 4.9 billion ringgit. Full story
