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Tuesday, 6 October 2026
Markets

Genting Posts RM27.1 Million Q2 Net Loss as Forex Headwinds and Financing Costs Counter 14% Revenue Rise

By Abigail Cheong3 min read

Kuala Lumpur, 21 August 2026 – Diversified gaming and hospitality conglomerate Genting Berhad swung to a net loss of RM27.1 million for the second quarter ended 30 June 2026 (Q2 FY2026), reversing a net profit of RM243.5 million recorded in the corresponding period last year, despite posting double-digit top-line revenue growth across its global casino and leisure assets.

Quarterly revenue expanded 14.2 percent year-on-year to RM7.75 billion from RM6.78 billion in Q2 FY2025, driven by strong gaming volume expansions in North America and robust production gains in the group’s plantation division. Group adjusted earnings before interest, tax, depreciation, and amortisation (EBITDA) edged up 1.5 percent to RM2.12 billion compared to RM2.09 billion previously.

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Author

  • I am Abigail, a journalist at The Ledger Asia, covering business and finance with a focus on the Malaysian Stock Market and key economic developments across Asia. Known for clear, accessible reporting, I deliver insights that help readers understand market trends, corporate movements, and regional news shaping the Asian economy.