Skip to content
Thursday, 13 August 2026

The Ledger Asia

Trusted Insights. Asian Perspective.

Subscribe
Latest News
Korea Investment Holdings’ KDB Life Bid Signals Insurance ConsolidationDeepSeek’s V4 API Price Increase Tests the Economics of Low-Cost AIAirAsia’s RM527 Million Quarterly Loss Exposes Fuel and Currency PressureMalaysia’s Connected Healthcare Push Moves Digital Integration Into ExecutionViu–TrueVisions Deal Expands Thai Content’s Regional Streaming EconomicsSK Hynix’s Vast AI Buildout Raises the Stakes for Korea’s Memory LeadershipGoogle’s First Overseas Store Makes Tokyo a Test Bed for AI-Enabled RetailPharmaniaga Q2 Net Profit Triples to RM13 Million on Higher APPL Demand and Debt ReductionKorea Investment Holdings’ KDB Life Bid Signals Insurance ConsolidationDeepSeek’s V4 API Price Increase Tests the Economics of Low-Cost AIAirAsia’s RM527 Million Quarterly Loss Exposes Fuel and Currency PressureMalaysia’s Connected Healthcare Push Moves Digital Integration Into ExecutionViu–TrueVisions Deal Expands Thai Content’s Regional Streaming EconomicsSK Hynix’s Vast AI Buildout Raises the Stakes for Korea’s Memory LeadershipGoogle’s First Overseas Store Makes Tokyo a Test Bed for AI-Enabled RetailPharmaniaga Q2 Net Profit Triples to RM13 Million on Higher APPL Demand and Debt Reduction

Genting Singapore’s 33.5% Profit Drop Puts Returns on RWS 2.0 Under Scrutiny

By TLA AI Editor3 min read

Singapore, 13 August 2026 – Genting Singapore’s profit fell 33.5% to S$156.1 million for the six months ended June, even as revenue remained broadly stable at about S$1.2 billion. The result reflects a difficult combination of higher depreciation, lower interest income, asset-refresh expenditure and a softer operating environment, sharpening investor scrutiny of how quickly the group’s large Resorts World Sentosa transformation can translate into stronger returns.

Revenue declined 0.9% from a year earlier. Gaming revenue slipped about 4% to S$804.4 million, while non-gaming revenue rose roughly 6% to S$388.6 million, supported by refreshed attractions, hospitality products and experiential offerings. That mix shows the strategic value of diversifying beyond casino activity, but the improved non-gaming contribution was insufficient to offset earnings pressure across the wider business.

Unlock the Full Article

This article is exclusive to The Ledger Asia Subsribers / PAID members.

Subscribe to Read More

Already have an account? Log in here

This content has been restricted to logged-in users only. Please log in to view this content.

Author

  • TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.