Kuala Lumpur, 22 May 2026 – Genting Malaysia Berhad slipped into the red in the first quarter ended 31 March 2026, as higher operating and payroll-related expenses from the transition of Resorts World New York City into a full-scale commercial casino weighed on earnings despite stronger revenue.
The group posted a net loss of RM3.8 million for 1QFY2026, compared with a net profit of RM72.7 million a year earlier. Its profit before tax fell 77% year-on-year to RM43.1 million, from RM184.0 million previously.
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