Tuesday, April 27, 2010

GENTING BERHAD : GENTING SP Quarterly Earning Review

1Q10 results are due to be released in May, but will be affected by several factors.

Positive factors:
1) Chinese New Year festivities, traditionally, a peak season and
2) Genting Singapore was the sole casino operator in Singapore.
3) Attractive contribution from Universal Studio theme park.
Negative factors:
1) the pre-opening expenses,
2) only six weeks of casino operations,
3) the gradual ramp-up of casino, starting at 50% utilisation.

No comments:

Post a Comment