{"id":777038381,"date":"2026-02-24T13:14:23","date_gmt":"2026-02-24T16:14:23","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777038381"},"modified":"2026-04-21T14:06:38","modified_gmt":"2026-04-21T17:06:38","slug":"genting-singapore-reports-sharp-profit-fall-in-2025","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/genting-singapore-reports-sharp-profit-fall-in-2025","title":{"rendered":"Genting Singapore reports profit fall in 2025"},"content":{"rendered":"\n

The group said net profit was impacted by lower interest income due to declining market rates.<\/p>\n\n\n\n\n\n\n\n

Singapore.- Genting Singapore Ltd<\/strong>, operator of Resorts World Sentosa<\/strong>, has reported annual revenue of SGD2.45bn<\/strong> (US$1.94bn) for 2025, down 3.1 per cent <\/strong>year on year. Net profit fell 32.6 per cent to SGD390.3m<\/strong> (US$308.2m).<\/p>\n\n\n\n

In unaudited results filed with the Singapore Exchange<\/strong> on Tuesday<\/strong>, the group said net profit was impacted by lower interest income due to declining market rates, as well as fair value losses on portfolio investments recognised during the year.<\/p>\n\n\n\n

Full-year adjusted EBITDA reached SGD815.8m<\/strong> (US$644.5m), representing a 15 per cent decline<\/strong> from 2024. The company said the drop reflected ramp-up costs linked to new project launches, operating expenses incurred during temporary closures and continued investment in infrastructure upgrades and technology enhancements.<\/p>\n\n\n\n

Chairman and acting chief executive Lim Kok Thay <\/strong>said 2025 was a defining transition year for the group as it advanced a major phase of asset upgrades at Resorts World Sentosa. He said investments underscored the company\u2019s long-term focus on strengthening competitiveness and enhancing the guest experience.<\/p>\n\n\n\n

Gaming revenue for the year amounted to SGD1.60bn<\/strong> (US$1.26bn), down 5.9 per cent f<\/strong>rom 2024, while non-gaming revenue increased 2.6 per cent to SGD847.8m<\/strong> (US$669.3m). The group attributed the gaming revenue decline to a lower win rate, while noting that refreshed attractions and hospitality upgrades supported stronger non-gaming performance in the second half of the year.<\/p>\n\n\n\n

As of December 31<\/strong>, net impairment on trade receivables stood at SGD165.1m (US$130.4m), compared with SGD182.8m (US$144.3m) a year earlier. The company said its balance sheet remained strong at the end of the year, with total equity of SGD8.2bn<\/strong> (US$6.47bn) and cash balances exceeding SGD3.2bn<\/strong> (US$2.53bn).<\/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> Universal Entertainment reports US$1.5bn net loss for full-year 2025<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

The group said net profit was impacted by lower interest income due to declining market rates.<\/p>\n","protected":false},"author":2395,"featured_media":777026493,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Genting Singapore Ltd reported a 3.1% year-on-year decline in 2025 annual revenue to SGD2.45bn, with net profit falling 32.6% to SGD390.3m, primarily due to lower interest income and fair value losses. Adjusted EBITDA also decreased by 15%, impacted by ramp-up costs for new projects and infrastructure investments at Resorts World Sentosa. Despite a 5.9% drop in gaming revenue, non-gaming revenue saw a 2.6% increase, supported by asset upgrades aimed at enhancing competitiveness and guest experience.","focusai_entities":"Genting Singapore Ltd, Resorts World Sentosa, Lim Kok Thay, Singapore Exchange","focusai_location":"Singapore","focusai_target_profile":"ceo_executive (0.95), regulator (0.7), operator_casino (0.9), tech_data (0.7), investor_analyst (1.0), supplier_vendor (0.85), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Capital Allocation Strategy","query":"Given the significant asset upgrade investments and their impact on EBITDA, what is Genting Singapore's projected ROI and timeline for these capital expenditures, particularly concerning the balance between gaming and non-gaming revenue growth?"},{"label":"Gaming Vertical Performance","query":"Beyond the reported lower win rate, what specific market dynamics or competitive pressures contributed to the 5.9% decline in gaming revenue, and what strategies are being implemented to reverse this trend in subsequent fiscal periods?"}],"footnotes":""},"categories":[16338,163],"tags":[23687,21162,25133],"class_list":["post-777038381","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","tag-genting-singapore","tag-resorts-world-sentosa","tag-singapore-exchange"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777038381","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\/2395"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777038381"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777038381\/revisions"}],"predecessor-version":[{"id":777038391,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777038381\/revisions\/777038391"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777026493"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777038381"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777038381"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777038381"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}