{"id":777031575,"date":"2025-09-11T11:16:34","date_gmt":"2025-09-11T14:16:34","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777031575"},"modified":"2026-04-21T19:14:58","modified_gmt":"2026-04-21T22:14:58","slug":"genting-malaysias-ebitda-margin-to-remain-compressed-until-2027-fitch-says","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/genting-malaysias-ebitda-margin-to-remain-compressed-until-2027-fitch-says","title":{"rendered":"Genting Malaysia\u2019s EBITDA margin to remain “compressed” until 2027, Fitch says"},"content":{"rendered":"\n

The agency cites \u201chigher operating costs and payroll-related expenses\u201d in the UK and US.<\/p>\n\n\n\n\n\n\n\n

Malaysia.- Fitch Ratings has reported that it expects the earnings before interest, taxation, depreciation, and amortisation (EBITDA) margin at Genting Malaysia<\/a> to \u201cremain compressed at 23 per cent from 2025 to 2027\u201d. It cited \u201chigher operating costs and payroll-related expenses\u201d in UK and US operations.<\/p>\n\n\n\n

It noted labour union contract renewals in the US from the second half of 2024, and higher minimum wage levels and contributions to national insurance in the UK. It said increased business volumes should mitigate the impact of higher operating costs and support margins.<\/p>\n\n\n\n

It sees strengthening of the Malaysian ringgit and softness in VIP gaming volumes as risks for the rest of 2025, although VIP volumes in the second quarter of 2025 were up 14 per cent year-on-year.<\/p>\n\n\n\n

Genting Malaysia recently reported second-quarter<\/a> revenue of MYR2.92bn (US$691m), up 9.3 per cent year-on-year. Net profit attributable to shareholders reached MYR416.7m (US$98.6m), up 406.8 per cent year-on-year, and adjusted earnings before interest, taxation, depreciation, and amortisation (EBITDA) was MYR1.03bn (US$243.7m), an increase of 33.6 per cent.<\/p>\n\n\n

\n\t\t\tSee also:<\/span><\/p>\n
\n\t\t\t\t\"\"<\/p>\n

\n\t\t\t\t\tSee also:<\/span> Genting Malaysia reports revenue increase for Q2<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

The agency cites \u201chigher operating costs and payroll-related expenses\u201d in the UK and US.<\/p>\n","protected":false},"author":218,"featured_media":18062,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Fitch Ratings projects Genting Malaysia's EBITDA margin to remain compressed at 23% from 2025-2027, citing elevated operating and payroll costs in its UK and US operations due to labor union renewals and minimum wage increases. Despite these pressures and potential risks from the Malaysian ringgit and VIP gaming softness, increased business volumes are expected to mitigate impact, supported by strong Q2 2025 revenue and profit growth.","focusai_entities":"Fitch Ratings, Genting Malaysia","focusai_location":"UK, US, Malaysia","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Cost Mitigation Strategies","query":"What specific operational efficiencies or revenue diversification strategies is Genting Malaysia implementing to counteract the projected EBITDA margin compression from rising labor costs in the UK and US?"},{"label":"VIP Segment Outlook","query":"Given the reported Q2 2025 VIP volume increase, what are the underlying factors contributing to Fitch's projection of 'softness in VIP gaming volumes' for the remainder of 2025, and how might this impact NGR?"}],"footnotes":""},"categories":[163,16333],"tags":[19394],"class_list":["post-777031575","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-news","category-south-east-asia-news","tag-genting-malaysia"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777031575","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/218"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777031575"}],"version-history":[{"count":7,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777031575\/revisions"}],"predecessor-version":[{"id":777031583,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777031575\/revisions\/777031583"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/18062"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777031575"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777031575"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777031575"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}